The combination Ethereum/Tether (ETH/USDT) moves from the descending trendline down.
A continuation of the downtrend down to the next support line at 3265.770000000 will continue.
Caution: A possible change in the direction of the resistance zone at 3346.000000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 3208.2 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 3346.000000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bearish Harami’ candlestick pattern is detected. The candles show ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 3700.860000000 |
2nd High | 3386.360000000 |
Next High | 3346.000000000 |
Current Price | 3298.500000000 |
Next Low | 3265.770000000 |
2nd Low | 3208.200000000 |
3rd Low | 3032.590000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Harami