ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline downwards
The bearish trend down to the next support at 4207.390000000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 4690.020000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Bearish Engulfing’ candlestick pattern is existing. The candles form ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4956.780000000 |
| Next High | 4690.020000000 |
| Current Price | 4385.350000000 |
| Next Low | 4207.390000000 |
| 2nd Low | 4204.200000000 |
| 3rd Low | 4106.370000000 |
4690.020000000 – 4956.780000000 – 4817.400000000 – 4519.960000000 – 4720.000000000 – 4690.720000000 — 28.268524045156 – 27.639026044512
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing – Symmetrical Triangle Chart Pattern – –