ETH/USDT – 1H – BUYCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 1945.08 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 1979.8 could occur.
Consider stop-loss settings accordingly.
And also a ‘Bearish Harami Cross’ candlestick chart pattern is found. The chart forms ‘Bearish Harami Cross’. which is a negative signal. The currency pair is likely to go down. 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 | 2163.66 |
| 2nd High | 1996.04 |
| Next High | 1979.8 |
| Current Price | 1977.310000000 |
| Next Low | 1964.34 |
| 2nd Low | 1955.95 |
| 3rd Low | 1945.08 |
1979.8 – 1996.04 – 2163.66 – 1964.34 – 1955.95 – 2054.75 —
1970.580000000 – 1963.200000000 —
53.888621828739 – 52.591562620193 —
– —
1979.8 – 1772964000
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Harami Cross – – –