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
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Shooting Star