ETH/USDT – 1H – SELLAdditionally a ‘Triple top chart pattern’ chart layout is discovered. The formation shows ‘Triple top chart pattern’. which is a bearish signal. The pair is likely to go down.
The currency pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline down.
A bearish movement down to the next support line at 3599.440000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 3878.670000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘RSI fall below 30’ indicator layout is discovered. The indicator shows ‘RSI fall below 30’. this is usually a bearish chart signal. The currency pair is likely to fall.
Additionally a ‘Two Crows’ candle chart pattern is found. The candles form ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3886.440000000 |
| Next High | 3878.670000000 |
| Current Price | 3582.540000000 |
| Next Low | 3599.440000000 |
| 2nd Low | 3502.850000000 |
| 3rd Low | 3477.580000000 |
3878.670000000 – 3834.030000000 – 3886.440000000 – 3677.650000000 – 3716.040000000 – 3709.390000000 — 29.136860867249 – 27.325536938936
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – Triple top chart pattern –