Sell ETH/USDT – 1H – SELL

The currency pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline downwards

A descending movement downwards to the next support at 3884.000000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 4107.800000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Line Strike – Bearish’ candlestick pattern is existing. The candles form ‘Three Line Strike – Bearish’. 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 ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 4107.800000000
Current Price 3918.400000000
Next Low 3884.000000000
2nd Low 3844.400000000
3rd Low 3831.500000000

Download ETH/USDT Signal Image

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