ETH/USDT – 1H – BUY

The pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline upwards

A continuation of the upward movement up to the next resistance level at 4636.220000000 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 4412.000000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 4644.47 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 4636.220000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Outside Up’ chart pattern is existing. The candles form ‘Three Outside Up’. this 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 Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

4636.220000000 – 4644.470000000 – 4557.670000000 – 4412.000000000 – 4464.000000000 – 4424.000000000 — 57.263421388169 – 57.486149545792

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Up – – –