ETH/USDT – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance level at 4453.570000000 is expected.

Caution: A possible counter-trend in the direction of the support level at 4300.590000000 could be enabled.
Consider stop-loss settings accordingly.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 4453.57 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 4453.570000000 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Bullish Belt Hold’ chart pattern is existing. The candles form ‘Bullish Belt Hold’. this 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 likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

4453.570000000 – 4381.870000000 – 4384.060000000 – 4300.590000000 – 4277.060000000 – 4276.760000000 — 49.751125665219 – 52.168537197609

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Belt Hold – Double bottom retreat down – –