ETH/USDT – 30M – BUY

The pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.

A bullish ascent upwards to the next resistance at 3716.610000000 is expected.

Caution: A possible change in the direction of the support level at 3574.050000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 3716.61 at the Fibonacci level 0-Level. Caution: A possible change in the direction of resistance at 3716.610000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

3716.610000000 – 3698.600000000 – 3662.000000000 – 3574.050000000 – 3546.000000000 – 3555.000000000 — 58.344850662239 – 58.357319285982

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – – –