ETH/USDT – 1H – BUY

The pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards

A bullish movement upwards to the next resistance level at 2046.59 will continue.

Caution: A possible change in the direction of the support level at 1976.48 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

2046.59 – 2030 – 2096.71 – 1976.48 – 1967 – 2055.06 —
2020.560000000 – 2022.770000000 —
51.085818616022 – 54.038775960582 —
– —
2046.59 – 1780066800

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Northern Doji – – –