Buy ETH/USDT – 4H – BUY

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

An ascending movement up to the next resistance line at 4576.000000000 is likely expected.

Caution: A possible trend reversal in the direction of the support level at should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.

Also there is a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles form ‘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 chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High
2nd High 4788.000000000
Next High 4576.000000000
Current Price 4366.000000000
Next Low
2nd Low
3rd Low

4576.000000000 – 4788.000000000 – 3878.670000000 – 4368.000000000 – 3546.000000000 – 3502.850000000 — 52.806287519163 – 54.01829268954

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