Buy ETH/USDT – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance at is likely expected.

Caution: A possible trend reversal in the direction of support at 4166.770000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘RSI cross above 70’ indicator layout is found. The indicator is ‘RSI cross above 70’. which is often a bullish chart signal. The currency pair could go up.

And also a ‘StochRSI cross above 20’ indicator layout is found. The indicator is ‘StochRSI cross above 20’. which is often a bullish chart signal. The currency pair could go up.

And also a ‘Three Outside Up’ candle chart pattern is existing. The candles show ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 4428.230000000
Next Low 4166.770000000
2nd Low 4153.070000000
3rd Low 3546.000000000

4366.460000000 – 4349.810000000 – 4332.600000000 – 4166.770000000 – 4153.070000000 – 3546.000000000 — 66.805458782705 – 68.01567022234

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