Additionally a ‘Double bottom retreat down’ chart pattern is detected. The chart picture shows ‘Double bottom retreat down’. which is a bearish signal. The currency pair is likely to fall.
The combination Ethereum/Tether (ETH/USDT) moves from the bullish trendline down.
A descending movement down to the next support level at 0 is likely expected.
Caution: A possible change in the direction of the resistance level at 0 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 3778.920000000 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
3782.830000000 – 3771.000000000 – 3665.310000000 – 3709.390000000 – 3599.440000000 – 3502.850000000 — 64.966134228939 – 60.071388735417
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double bottom retreat down –