ETH/USDT – 1H – SELLThe combination Ethereum/Tether (ETH/USDT) jumps from the ascending trendline down.
The bearish trend down to the next support line at 3622.100000000 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 3744.830000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Bearish Harami’ candlestick pattern is existing. The candles show ‘Bearish Harami’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4107.800000000 |
| Next High | 3744.830000000 |
| Current Price | 3678.070000000 |
| Next Low | 3622.100000000 |
| 2nd Low | 3610.630000000 |
| 3rd Low | 3593.700000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Harami