Additionally a ‘Double top chart pattern’ chart pattern is discovered. The chart picture forms ‘Double top chart pattern’. which is a bearish signal. The pair is likely to go down.
The pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline down.
A descending movement downwards to the next support level at 3126 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 3253.76 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3565.84 |
| 2nd High | 3265.66 |
| Next High | 3253.76 |
| Current Price | 3196.430000000 |
| Next Low | 3126 |
| 2nd Low | 3020.79 |
| 3rd Low | 2977.74 |
3253.76 – 3265.66 – 3005.98 – 3203.34 – 3126 – 3020.79 — 51.706637477814 – 38.841627117742 — 1.0527636614593 – 1.0527636614593 – 12.117499715212 – 3.3447253001981
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double top chart pattern – –