ETH/USDT – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance level at 3878.670000000 is certain.

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

Then a ‘StochRSI cross above 20’ indicator signal is existing. The indicator shows ‘StochRSI cross above 20’. which could be a positive chart signal. The currency pair could go up.

Then a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

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 change in the direction of the resistance line at 3878.670000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Inside Up’ candlestick pattern is discovered. The candles form ‘Three Inside Up’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 – – –