ETH/USDT – 30M – SELLThe pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support line at 3067.330000000 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 3162.110000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bearish Engulfing’ candle chart pattern is existing. The chart shows ‘Bearish Engulfing’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3219.970000000 |
| 2nd High | 3184.600000000 |
| Next High | 3162.110000000 |
| Current Price | 3108.990000000 |
| Next Low | 3067.330000000 |
| 2nd Low | 3034.990000000 |
| 3rd Low | 3014.500000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing