ETH/USDT – 30M – BUY

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1671.79 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support line at 1719.51 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Southern Doji’ candlestick chart pattern is found. The chart shows ‘Southern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

1719.51 – 1762.99 – 1796.08 – 1679.110000000 – 1682.35 – 1671.79 —
1696.120000000 – 1711.760000000 —
46.846230079058 – 57.40802269846 —
1679.110000000 – 1781872200 —
1719.51 – 1781830800

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Southern Doji – – –