Sell ETH/BTC – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.028765 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.02887 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Bearish Harami’ chart pattern is discovered. The chart forms ‘Bearish Harami’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 0.02948
2nd High 0.02896
Next High 0.02887
Current Price 0.028840000
Next Low 0.02875
2nd Low 0.02857
3rd Low 0.02842

0.02887 – 0.02896 – 0.02882 – 0.02875 – 0.02857 – 0.02861 —
0.028820000 – 0.028800000 —
47.664370859358 – 46.132975617784 —
– —
0.02887 – 1778308200

Trading Signals:

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