Buy ETH/USDT – 1H – BUY

The pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline downwards

A descending movement downwards to the next support level at 3313.880000000 is expected.

Caution: A possible trend reversal in the direction of resistance at 3514.940000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Southern Doji’ chart pattern is detected. The chart shows ‘Southern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 4107.800000000
2nd High 3547.950000000
Next High 3514.940000000
Current Price 3454.200000000
Next Low 3313.880000000
2nd Low 3305.000000000
3rd Low 3304.630000000

Download ETH/USDT Signal Image

Trading Signals:

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