The currency pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 4328.370000000 is likely expected.
Caution: A possible counter-trend in the direction of support at 4106.370000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Additionally a ‘Bearish Harami Cross’ candlestick chart pattern is detected. The chart forms ‘Bearish Harami Cross’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4388.650000000 |
| 2nd High | 4378.000000000 |
| Next High | 4328.370000000 |
| Current Price | 4244.910000000 |
| Next Low | 4106.370000000 |
| 2nd Low | 4060.000000000 |
| 3rd Low | 3647.630000000 |
4328.370000000 – 4378.000000000 – 4242.000000000 – 4106.370000000 – 4060.000000000 – 4193.770000000 — 46.774934860348 – 47.391310336215
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Harami Cross – – –