ETH/USDT – 30M – BUY

The combination Ethereum/Tether (ETH/USDT) breaks through the bearish trendline upwards

An ascent up to the next resistance level at 1828 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 1750.2 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.

Moreover a ‘Bearish Harami Cross’ chart pattern is existing. The candles form ‘Bearish Harami Cross’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).

1794.47 – 1828 – 1812 – 1750.2 – 1786.77 – 1775 —
1787.300000000 – 1791.660000000 —
52.194824289056 – 55.890555327301 —
– —
1794.47 – 1783990800

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Harami Cross – – –