ETH/USDT – 1H – SELLThe currency pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline down.
A descent down to the next support line at 3884.000000000 is expected.
Caution: A possible change in the direction of the resistance level at 4107.800000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three Line Strike – Bearish’ chart pattern is detected. The candles show ‘Three Line Strike – Bearish’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Line Strike – Bearish