ETH/USDT – 1H – BUYThe combination Ethereum/Tether (ETH/USDT) breaks through the bearish trendline up.
A bullish movement up to the next resistance level at 4817.400000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at is within the realm of possibility.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.
Additionally a ‘Bearish Harami Cross’ candle chart pattern is found. The candles show ‘Bearish Harami Cross’. this is a bearish pattern signal. The currency pair is likely to fall. 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 | |
| 2nd High | 4887.590000000 |
| Next High | 4817.400000000 |
| Current Price | 4764.850000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4817.400000000 – 4887.590000000 – 4328.370000000 – 4207.390000000 – 4204.200000000 – 4106.370000000 — 49.906536766051 – 49.978086394675
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Harami Cross – Double bottom chart pattern – –