ETH/USDT – 30M – SELL

Next a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 1929.56 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 2099.36 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Bearish Harami’ chart pattern is discovered. The candles show ‘Bearish Harami’. 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’ going down is 53% (Bull Market) & 50% (Bear Market).

2099.36 – 2163.66 – 2144.2 – 2054.75 – 2093.63 – 1945.08 —
1997.580000000 – 1983.460000000 —
23.888108060356 – 27.401750546778 —
– —
2099.36 – 1772744400

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Harami – Symmetrical Triangle Chart Pattern – –