Buy ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards

An ascent upwards to the next resistance at 4340.150000000 is certain.

Caution: A possible change in the direction of the support level at 4060.000000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

Besides a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 4576.000000000
2nd High 4388.650000000
Next High 4340.150000000
Current Price 4301.880000000
Next Low 4060.000000000
2nd Low 3546.000000000
3rd Low 3502.850000000

4340.150000000 – 4388.650000000 – 4576.000000000 – 4060.000000000 – 4225.860000000 – 4372.540000000 — 56.866496965689 – 61.505138400786

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