ETH/USDT – 30M – BUY

The combination Ethereum/Tether (ETH/USDT) breaks through the ascending trendline upwards

A continuation of the upward movement up to the next resistance at 1733.04 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 1654.9 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three White Soldiers’ chart pattern is found. The candles form ‘Three White Soldiers’. 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 ‘Three White Soldiers’ heading up is 82%.

1733.04 – 1697.28 – 1686.56 – 1654.9 – 1671.44 – 1662.2 —
1721.910000000 – 1765.930000000 —
60.966227501543 – 81.463391591971 —
– —
1733.04 – 1781481600

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three White Soldiers – – –