ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) jumps from the bearish trendline up.

An ascending movement upwards to the next resistance level at 2423.74 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 2220.36 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ” indicator signal is found. The indicator shows ”. which could be a positive chart scenario. The currency pair could go up.

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Then a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair could go up.

Then a ‘MACD crosses above signal’ indicator signal is found. The indicator shows ‘MACD crosses above signal’. which could be a positive chart scenario. The currency pair could go up.

Then a ‘Bullish Belt Hold’ candlestick pattern is discovered. The candles form ‘Bullish Belt Hold’. 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 ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

2423.74 – 2399.5 – 2398.93 – 2313.89 – 2354.34 – 2309.24 —
2297.090000000 – 2285.710000000 —
31.702460276117 – 27.244584152521 —
– —
2423.74 – 1778065200

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