ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 3871.000000000 will continue.
Caution: A possible change in the direction of the resistance line at 3945.000000000 should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Bearish Engulfing’ candlestick chart pattern is found. The candles show ‘Bearish Engulfing’. 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 ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3987.410000000 |
| 2nd High | 3968.470000000 |
| Next High | 3945.000000000 |
| Current Price | 3915.230000000 |
| Next Low | 3871.000000000 |
| 2nd Low | 3836.070000000 |
| 3rd Low | 3796.800000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing