Buy ETH/USDT – 4H – BUY

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

A bullish movement up to the next resistance level at 2199 will continue.

Caution: A possible reversal of the trend in the direction of the support line at 1835.36 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 2113.614 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 2199 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘Three White Soldiers’ candle chart pattern is detected. The candles show ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 3368.82
2nd High 3045.78
Next High 2199
Current Price 2033.910000000
Next Low 1835.36
2nd Low 1800
3rd Low 1747.8

2199 – 2090 – 2148.39 – 1835.36 – 1800 – 1907 —
1960.410000000 – 2022.000000000 —
39.888296616023 – 50.448436253957 —
– —
2199 – 1772640000

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