ETH/USDT – 30M – SELLThe pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support line at 3593.700000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 3650.440000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bearish Engulfing’ candle pattern is detected. The candles show ‘Bearish Engulfing’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4107.800000000 |
| 2nd High | 4031.380000000 |
| Next High | 3650.440000000 |
| Current Price | 3635.770000000 |
| Next Low | 3593.700000000 |
| 2nd Low | 3421.790000000 |
| 3rd Low | 3323.030000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing