ETH/USDT – 30M – BUY

The currency pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance line at 4366.460000000 is certain.

Caution: A possible trend reversal in the direction of the support line at 4166.770000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘RSI cross above 30’ indicator layout is found. The indicator is ‘RSI cross above 30’. which could be a positive signal. The currency pair is likely to rise.

Moreover a ‘StochRSI cross above 20’ indicator layout is found. The indicator is ‘StochRSI cross above 20’. which could be a positive signal. The currency pair is likely to rise.

Moreover a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

4366.460000000 – 4349.810000000 – 4332.600000000 – 4166.770000000 – 4186.160000000 – 4153.070000000 — 47.147270333252 – 54.930355940756

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Double top retreat up – –