ETH/USDT – 30M – SELLThe combination Ethereum/Tether (ETH/USDT) moves from the descending trendline down.
A continuation of the bearish trend down to the next support level at 4393.980000000 is considered certain.
Caution: A possible change in the direction of the resistance level at 4576.000000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Tweezers Top’ candle chart pattern is detected. The candles form ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4788.000000000 |
| 2nd High | 4672.670000000 |
| Next High | 4576.000000000 |
| Current Price | 4539.320000000 |
| Next Low | 4393.980000000 |
| 2nd Low | 4372.540000000 |
| 3rd Low | 4368.000000000 |
4576.000000000 – 4440.510000000 – 4490.730000000 – 4393.980000000 – 4372.540000000 – 4368.000000000 — 68.360786290817 – 58.190869863235
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Tweezers Top – – –