Sell ETH/USDT – 1H – SELL

The currency pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline downwards

The bearish trend down to the next support level at 3884.000000000 is likely expected.

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

Besides a ‘Three Line Strike – Bearish’ candle pattern is found. The candles show ‘Three Line Strike – Bearish’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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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