ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) jumps from the bullish trendline up.

A continuation of the upward movement upwards to the next resistance at 4366.460000000 is expected.

Caution: A possible reversal of the trend in the direction of the support zone at 4166.770000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘RSI cross above 30’ indicator signal is existing. The indicator shows ‘RSI cross above 30’. which could be a positive chart signal. The currency pair could go up.

Additionally 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.

Additionally a ‘Three Outside Up’ chart pattern is found. The chart shows ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

4366.460000000 – 4349.810000000 – 4332.600000000 – 4166.770000000 – 4153.070000000 – 3546.000000000 — 52.677991942594 – 53.592175983465

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – Double top retreat up – –