Sell ETH/USDT – 1H – SELL

The pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline down.

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

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

In addition a ‘Three Line Strike – Bearish’ chart pattern is found. The candles show ‘Three Line Strike – Bearish’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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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