ETH/USDT – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance level at 4633.970000000 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 4350.010000000 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Target of the current trend is 4481.09 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 4633.970000000 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

4481.090000000 – 4453.570000000 – 4381.870000000 – 4350.010000000 – 4300.590000000 – 4277.060000000 — 75.729510116169 – 78.031291397731

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –