Buy ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) breaks through the ascending trendline upwards

A continuation of the uptrend up to the next resistance at 2343.6 is expected.

Caution: A possible change in the direction of support at 2297.59 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 2346.95 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 2343.6 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The 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%.

Support & Resistance Price Range*
3rd High 2404.37
2nd High 2346.95
Next High 2343.6
Current Price 2385.120000000
Next Low 2297.59
2nd Low 2220.36
3rd Low 2175.68

2343.6 – 2325.28 – 2275.13 – 2297.59 – 2220.36 – 2258.24 —
2333.600000000 – 2354.020000000 —
66.010913990828 – 63.843716944463 —
– —
2343.6 – 1777755600

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