ETH/USDT – 30M – SELLThe pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline down.
A bearish movement downwards to the next support level at 3120.410000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 3184.600000000 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Bearish Engulfing’ candle pattern is detected. The candles form ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3240.400000000 |
| 2nd High | 3219.970000000 |
| Next High | 3184.600000000 |
| Current Price | 3132.870000000 |
| Next Low | 3120.410000000 |
| 2nd Low | 3101.110000000 |
| 3rd Low | 3014.500000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing