Sell ETH/USDT – 1H – SELL

The combination Ethereum/Tether (ETH/USDT) goes from the bullish trendline downwards

A bearish trend down to the next support at 3884.000000000 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 4107.800000000 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Three Line Strike – Bearish’ candle 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’ going 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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