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 likely expected. Current target is 1750 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 1845.260000000 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘Bearish Harami’ chart pattern is detected. The chart forms ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 2020.000000000
2nd High 1957.000000000
Next High 1845.260000000
Current Price 1783.310000000
Next Low 1750.000000000
2nd Low
3rd Low

Download ETH/USDT Signal Image

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