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
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Line Strike – Bearish