ETH/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Current target is 3908.64634 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 3987.410000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Evening Star’ candlestick chart pattern is detected. The candles show ‘Evening Star’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ going down is 72% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4024.010000000 |
| 2nd High | 4015.580000000 |
| Next High | 3987.410000000 |
| Current Price | 3971.210000000 |
| Next Low | 3831.500000000 |
| 2nd Low | 3825.030000000 |
| 3rd Low | 3515.890000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Evening Star