ETH/USDT – 30M – BUY

The pair Ethereum/Tether (ETH/USDT) breaks through the bullish trendline upwards

A continuation of the uptrend up to the next resistance line at 3878.670000000 is certain.

Caution: A possible counter-trend in the direction of the support level at 3647.630000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI fall below 80’ indicator layout is detected. The indicator shows ‘StochRSI fall below 80’. which could be a negative chart scenario. The currency pair is likely to fall.

Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 3716.61 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 3878.670000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Inside Up’ candlestick chart pattern is detected. The chart forms ‘Three Inside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Up’ heading 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 – – –