ETH/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance at 3878.670000000 is expected.

Caution: A possible change in the direction of the support level at 3647.630000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘RSI cross above 70’ indicator signal is existing. The indicator shows ‘RSI cross above 70’. which is often a bullish chart scenario. The currency pair could go up.

Next a ‘StochRSI cross above 20’ indicator signal is existing. The indicator shows ‘StochRSI cross above 20’. which is often a bullish chart scenario. The currency pair could go up.

Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 3716.61 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 3878.670000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Inside Up’ candlestick pattern is detected. The chart shows ‘Three Inside Up’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Up’ going up is 65% (Bull Market) & 63% (Bear Market).

3716.610000000 – 3698.600000000 – 3662.000000000 – 3647.630000000 – 3574.050000000 – 3546.000000000 — 67.462403743242 – 68.456616029048

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Inside Up – – –