Sell ETH/USDT – 1H – SELL

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 counter-trend in the direction of the support zone at 2163.66 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Two Crows’ candlestick chart pattern is found. The candles show ‘Two Crows’. 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 chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 2343.82
2nd High 2199
Next High 2163.66
Current Price 1975.350000000
Next Low 1955.95
2nd Low 1945.08
3rd Low 1929.56

2163.66 – 2199 – 2014.12 – 1955.95 – 2054.75 – 1945.08 —
1993.300000000 – 1984.630000000 —
29.842262348717 – 34.125461556131 —
– —
2163.66 – 1772704800

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