ETH/USDT – 1H – SELLThe pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline down.
A bearish descent down to the next support at 3622.100000000 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 3744.830000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Outside Down’ candle pattern is detected. The chart shows ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4107.800000000 |
| Next High | 3744.830000000 |
| Current Price | 3669.380000000 |
| Next Low | 3622.100000000 |
| 2nd Low | 3610.630000000 |
| 3rd Low | 3593.700000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Down