Bullish Engulfing

Buy ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) breaks through the bullish trendline up.

A continuation of the bullish trend up to the next resistance line at 3331.000000000 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 3029.410000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Bullish Engulfing’ candle pattern is detected. The candles show ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.

Support & Resistance Price Range*
3rd High
2nd High 3442.500000000
Next High 3331.000000000
Current Price 3372.010000000
Next Low 3029.410000000
2nd Low 3014.500000000
3rd Low 2990.580000000

Download ETH/USDT Signal Image

Trading Signals:

Buy DOT/USDT – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 6.1 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Bullish Engulfing’ candle pattern is detected. The chart forms ‘Bullish Engulfing’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 6.158000000
Next Low 5.473000000
2nd Low 5.304000000
3rd Low 4.686000000

Download DOT/USDT Signal Image

Trading Signals:

Buy ADA/USDT – 1H – BUY

The combination Cardano/Tether (ADA/USDT) jumps from the bullish trendline upwards

A continuation of the upward movement up to the next resistance level at 0.848400000 will persist.

Caution: A possible trend reversal in the direction of support at 0.765500000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Bullish Engulfing’ candle pattern is detected. The chart forms ‘Bullish Engulfing’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 0.848400000
Current Price 0.802700000
Next Low 0.765500000
2nd Low 0.720000000
3rd Low 0.717100000

Download ADA/USDT Signal Image

Trading Signals:

Buy XRP/USDT – 30M – BUY

The combination Ripple/Tether (XRP/USDT) breaks through the bullish trendline up.

A continuation of the upward movement upwards to the next resistance at 1.186500000 will continue.

Caution: A possible trend reversal in the direction of the support zone at 1.095300000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Bullish Engulfing’ chart pattern is discovered. The chart forms ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.

Support & Resistance Price Range*
3rd High
2nd High 1.269800000
Next High 1.186500000
Current Price 1.186000000
Next Low 1.095300000
2nd Low 1.077400000
3rd Low 1.065000000

Download XRP/USDT Signal Image

Trading Signals:

Buy SOL/BTC – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.0026274852 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.002693600 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Bullish Engulfing’ candle chart pattern is detected. The chart shows ‘Bullish Engulfing’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High
2nd High 0.002711100
Next High 0.002693600
Current Price 0.002622200
Next Low 0.002440100
2nd Low 0.002356800
3rd Low 0.002334200

Download SOL/BTC Signal Image

Trading Signals:

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