Buy ETH/USDT – 30M – BUY

The currency pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.

A bullish ascent up to the next resistance line at 1712.06 is likely expected.

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

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.

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

And also a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 1762.99
2nd High 1719.51
Next High 1712.06
Current Price 1708.170000000
Next Low
2nd Low
3rd Low

1712.06 – 1719.51 – 1762.99 – 1679.11 – 1682.35 – 1671.79 —
1708.280000000 – 1708.210000000 —
55.777968926682 – 49.74474933425 —
– —
1712.06 – 1781883000

Trading Signals:

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