The currency pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline downwards
A bearish trend down to the next support line at 3884.000000000 is expected.
Caution: A possible change in the direction of the resistance line at 4107.800000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Line Strike – Bearish’ chart pattern is discovered. The candles form ‘Three Line Strike – Bearish’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 4107.800000000 |
Current Price | 3918.400000000 |
Next Low | 3884.000000000 |
2nd Low | 3844.400000000 |
3rd Low | 3831.500000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Line Strike – Bearish