ETH/USDT – 1H – BUY

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

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Current target is 2297.59 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 2423.74 could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘Two Crows’ candlestick chart pattern is found. The candles form ‘Two Crows’. this 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’ going down is 54% (Bull Market) & 58% (Bear Market).

2423.74 – 2399.5 – 2398.93 – 2313.89 – 2354.34 – 2309.24 —
2331.630000000 – 2301.250000000 —
38.226045694832 – 32.984930527685 —
– —
2423.74 – 1778065200

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – – –