ETH/USDT – 1H – BUY

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

A bullish movement upwards to the next resistance line at 2338.75 is certain.

Caution: A possible counter-trend in the direction of the support line at 2252.72 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The pair is likely to go up.

Besides a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

Besides a ‘Bullish Belt Hold’ candle pattern is found. The candles form ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

2338.75 – 2346.78 – 2332.88 – 2252.72 – 2300 – 2317.43 —
2327.500000000 – 2318.000000000 —
42.178408072833 – 50.122540491209 —
– —
2338.75 – 1776758400

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Belt Hold – – –