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