ETH/USDT – 1H – SELLThe pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support line at 3421.790000000 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 3650.440000000 could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Bearish Harami’ candle chart pattern is existing. The candles form ‘Bearish Harami’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4107.800000000 |
| Next High | 3650.440000000 |
| Current Price | 3635.770000000 |
| Next Low | 3421.790000000 |
| 2nd Low | 3313.880000000 |
| 3rd Low | 3305.000000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Harami