ETH/USDT – 30M – BUY

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

The bullish trend upwards to the next resistance line at 2279 is likely expected.

Caution: A possible change in the direction of the support zone at 2220.36 is within the realm of possibility.
Consider stop-loss settings accordingly.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Current target is 2283.655 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 2279 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

2279 – 2346.95 – 2342.5 – 2220.36 – 2278.84 – 2258.24 —
2250.980000000 – 2252.490000000 —
41.899637728581 – 44.200478006094 —
– —
2279 – 1777512600

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –