ETH/USDT – 30M – SELLThe pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 3076.000000000 will persist.
Caution: A possible trend reversal in the direction of resistance at 3150.000000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bearish Engulfing’ chart pattern is discovered. The candles form ‘Bearish Engulfing’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3240.400000000 |
| 2nd High | 3224.940000000 |
| Next High | 3150.000000000 |
| Current Price | 3079.310000000 |
| Next Low | 3076.000000000 |
| 2nd Low | 3050.010000000 |
| 3rd Low | 3042.930000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing