Buy ETH/USDT – 1H – BUY

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.

Furthermore a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 1841.84984 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 1935.52 could be enabled.
Consider stop-loss settings accordingly.

Furthermore a ‘Two Crows’ candle chart pattern is detected. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 1995.56
2nd High 1983.13
Next High 1935.52
Current Price 1885.050000000
Next Low 1800
2nd Low 1747.8
3rd Low 1606.01

1935.52 – 1983.13 – 1995.56 – 1800 – 1847.46 – 1922.97 —
1858.570000000 – 1914.350000000 —
51.296684294704 – 65.410166032508 —
– —
1935.52 – 1771851600

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