Buy ETH/USDT – 30M – BUY

The currency pair Ethereum/Tether (ETH/USDT) breaks through the descending trendline upwards

The bullish trend up to the next resistance level at 4453.570000000 will persist.

Caution: A possible trend reversal in the direction of the support level at 4300.590000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Bearish Harami Cross’ chart pattern is detected. The candles form ‘Bearish Harami Cross’. 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 likelyhood of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).

Support & Resistance Price Range*
3rd High 4490.640000000
2nd High 4490.000000000
Next High 4453.570000000
Current Price 4376.900000000
Next Low 4300.590000000
2nd Low 4277.060000000
3rd Low 4276.760000000

4453.570000000 – 4381.870000000 – 4384.060000000 – 4300.590000000 – 4277.060000000 – 4276.760000000 — 59.880628986916 – 59.924521745994

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