ETH/USDT – 30M – SELLCorrection of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 1747.8 at the Fibonacci level 1-Level. Caution: A possible change in the direction of support at 2149.75 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Southern Doji’ candlestick pattern is existing. The chart forms ‘Southern 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 likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2343.82 |
| 2nd High | 2295.74 |
| Next High | 2149.75 |
| Current Price | 1874.460000000 |
| Next Low | 1747.8 |
| 2nd Low | 1731.7 |
| 3rd Low | 1606.01 |
2149.75 – 2295.74 – 2343.82 – 1747.8 – 2076.68 – 2110 —
1917.800000000 – 1915.150000000 —
48.097637190498 – 45.829176206134 —
– —
2149.75 – 1770282000
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Southern Doji – Symmetrical Triangle Chart Pattern – –