ETH/USDT – 4H – SELLThe pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline down.
The bearish trend down to the next support level at 3305.000000000 is expected.
Caution: A possible change in the direction of the resistance line at 4107.800000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Additionally a ‘Bearish Harami’ candlestick chart pattern is existing. The candles form ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 4107.800000000 |
| Current Price | 3635.770000000 |
| Next Low | 3305.000000000 |
| 2nd Low | 3304.630000000 |
| 3rd Low | 3216.970000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Harami