ETH/USDT – 30M – BUY

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

A bullish ascent up to the next resistance level at 3402.89 will continue.

Caution: A possible counter-trend in the direction of support at 3278 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The currency pair is likely to rise.

And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

And also a ‘Three Outside Up’ candlestick pattern is existing. The candles show ‘Three Outside Up’. which is a bullish chart scenario. The pair is likely to go up. 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).

3402.89 – 3364.64 – 3367.79 – 3278 – 3280.48 – 3065.55 — 61.946178287407 – 62.753283818671 — 67.199707329632 – 77.454715222956 – 72.218577985543 – 70.551351369871

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