Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 2584.91098 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance line at 2588.630000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Bearish Harami Cross’ candle pattern is discovered. The candles show ‘Bearish Harami Cross’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 2649.310000000 |
Next High | 2588.630000000 |
Current Price | 2502.610000000 |
Next Low | |
2nd Low | |
3rd Low |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Harami Cross