Buy ETH/USDT – 1H – BUY

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

A continuation of the uptrend up to the next resistance at 1697.28 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 1652.09 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The pair is likely to go up.

And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

And also a ‘Three White Soldiers’ candle pattern is found. The candles form ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 1721.93
2nd High 1714.5
Next High 1697.28
Current Price 1722.620000000
Next Low 1652.09
2nd Low 1603.44
3rd Low 1590.8

1697.28 – 1691.07 – 1693.59 – 1652.09 – 1603.44 – 1606.01 —
1669.150000000 – 1673.720000000 —
37.557859801453 – 49.701388334881 —
– —
1697.28 – 1781384400

Trading Signals:

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