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