Buy ETH/USDT – 1H – BUY

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

An ascending movement upwards to the next resistance level at 2423.74 will persist.

Caution: A possible trend reversal in the direction of the support line at 2220.36 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a indicator signal is detected. The indicator shows ”. which is often a bullish chart scenario. The pair is likely to go up.

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And also a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.

And also a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The pair is likely to go up.

And also a ‘Bullish Belt Hold’ candlestick pattern is discovered. The chart shows ‘Bullish Belt Hold’. 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 ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 2464.91
2nd High 2423.75
Next High 2423.74
Current Price 2282.510000000
Next Low 2220.36
2nd Low 2175.68
3rd Low 2175

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:

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