Sell ETH/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1777.79 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 1854.220000000 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Bearish Harami’ candle chart pattern is discovered. The candles form ‘Bearish Harami’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 2020.000000000
2nd High 1913.600000000
Next High 1854.220000000
Current Price 1828.110000000
Next Low 1777.790000000
2nd Low 1754.280000000
3rd Low

Download ETH/USDT Signal Image

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