ETH/USDT – 30M – SELLAnd also a ‘Double top retreat up’ chart layout is found. The chart forms ‘Double top retreat up’. which is a bullish signal. The currency pair is likely to go up.
The combination Ethereum/Tether (ETH/USDT) goes from the ascending trendline downwards
A descent down to the next support at 4467.630000000 is likely expected.
Caution: A possible change in the direction of the resistance level at 4633.970000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Below The Stomach’ candlestick chart pattern is discovered. The chart forms ‘Below The Stomach’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Below The Stomach’ going down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4690.020000000 |
| 2nd High | 4663.930000000 |
| Next High | 4633.970000000 |
| Current Price | 4476.010000000 |
| Next Low | 4467.630000000 |
| 2nd Low | 4311.040000000 |
| 3rd Low | 4207.390000000 |
4633.970000000 – 4663.930000000 – 4645.930000000 – 4467.630000000 – 4538.690000000 – 4311.040000000 — 30.024599620875 – 33.161444579688
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Below The Stomach – Double top retreat up – –