Buy ETH/USDT – 30M – BUY

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

An ascending movement upwards to the next resistance line at 1682 will persist.

Caution: A possible trend reversal in the direction of the support level at 1660.93 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 1693.59 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of resistance at 1682 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. this 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’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 1714.5
2nd High 1693.59
Next High 1682
Current Price 1680.160000000
Next Low 1660.93
2nd Low 1632.71
3rd Low 1603.44

1682 – 1693.59 – 1673.5 – 1660.93 – 1632.71 – 1603.44 —
1677.860000000 – 1675.890000000 —
49.166562381142 – 54.817617011549 —
– —
1682 – 1781238600

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