Buy ETH/USDT – 1H – BUY

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

A continuation of the upward movement up to the next resistance at 2398.93 is expected.

Caution: A possible change in the direction of the support level at 2309.24 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 2423.75
2nd High 2404.37
Next High 2398.93
Current Price 2388.720000000
Next Low 2309.24
2nd Low 2297.59
3rd Low 2220.36

2398.93 – 2343.6 – 2325.28 – 2309.24 – 2297.59 – 2220.36 —
2386.000000000 – 2383.490000000 —
60.098353336644 – 57.97097424164 —
– —
2398.93 – 1777867200

Trading Signals:

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