ETH/USDT – 30M – BUY

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

The bullish trend up to the next resistance line at 2270.55 will persist.

Caution: A possible change in the direction of support at 2229 should be noted.
Consider stop-loss settings accordingly.

Then a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.

Then a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Then a ‘Inverted Hammer’ chart pattern is found. The chart shows ‘Inverted Hammer’. 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 success rate of a ‘Inverted Hammer’ heading up is 65% (Bull Market).

2249.31 – 2257.14 – 2257.99 – 2229 – 2176.4 – 2176.1 —
2245.500000000 – 2274.420000000 —
47.992610611263 – 65.837072176406 —
– —
2249.31 – 1775898000

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Inverted Hammer – – –