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