Sell ETH/USDT – 1H – SELL

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 1967 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of support at 2030 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Southern Doji’ candle pattern is existing. The candles form ‘Southern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 2140.49
2nd High 2096.71
Next High 2030
Current Price 1999.530000000
Next Low 1967
2nd Low 1916.14
3rd Low 1907.41

2030 – 2096.71 – 2140.49 – 1967 – 2055.06 – 2084.52 —
2008.510000000 – 2014.290000000 —
47.656961534024 – 47.229064293433 —
– —
2030 – 1779991200

Trading Signals:

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