ETH/USDT – 1H – BUYThe pair Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance at 4453.570000000 is certain.
Caution: A possible trend reversal in the direction of the support level at 4277.060000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bearish Harami Cross’ chart pattern is discovered. The chart forms ‘Bearish Harami Cross’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4490.640000000 |
| 2nd High | 4490.000000000 |
| Next High | 4453.570000000 |
| Current Price | 4376.900000000 |
| Next Low | 4277.060000000 |
| 2nd Low | 4276.760000000 |
| 3rd Low | 4270.810000000 |
4453.570000000 – 4381.870000000 – 4384.060000000 – 4277.060000000 – 4276.760000000 – 4270.810000000 — 58.807123036175 – 58.839713220885
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Harami Cross – Triple bottom chart pattern – –