Buy ETH/USDT – 4H – BUY

The pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance at 4788.000000000 will persist.

Caution: A possible reversal of the trend in the direction of the support zone at 4368.000000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Bearish Harami Cross’ candlestick chart pattern is discovered. The candles show ‘Bearish Harami Cross’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 4788.000000000
Current Price 4553.290000000
Next Low 4368.000000000
2nd Low 3546.000000000
3rd Low 3502.850000000

4788.000000000 – 3878.670000000 – 3886.440000000 – 4368.000000000 – 3546.000000000 – 3502.850000000 — 57.247787997431 – 57.367654486083

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