Buy ETH/USDT – 30M – BUY

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 2419.39948 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 2588.630000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Shooting Star’ candle pattern is found. The chart shows ‘Shooting Star’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 2649.310000000
Next High 2588.630000000
Current Price 2483.310000000
Next Low 2383.800000000
2nd Low 2348.380000000
3rd Low 1787.010000000

Download ETH/USDT Signal Image

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