ETH/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 3417.45732 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 3451.000000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Advance Block’ candlestick pattern is detected. The chart shows ‘Advance Block’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Advance Block’ heading down is 64% (Bull Market) & 61% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3547.950000000 |
| 2nd High | 3514.940000000 |
| Next High | 3451.000000000 |
| Current Price | 3392.570000000 |
| Next Low | 3323.030000000 |
| 2nd Low | 3313.880000000 |
| 3rd Low | 3308.870000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Advance Block