The pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline down.
A bearish trend down to the next support line at 3884.000000000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 4107.800000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Line Strike – Bearish’ candlestick chart pattern is discovered. The chart shows ‘Three Line Strike – Bearish’. which is a bearish pattern signal. The pair is likely to go down. 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