ETH/USDT – 4H – SELLThe pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline down.
A descending movement down to the next support at 3158.000000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 3744.830000000 is also possible.
Consider stop-loss settings accordingly.
Next a ‘Bearish Harami’ chart pattern is discovered. The candles show ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4107.800000000 |
| Next High | 3744.830000000 |
| Current Price | 3272.600000000 |
| Next Low | 3158.000000000 |
| 2nd Low | 3029.410000000 |
| 3rd Low | 3014.500000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Harami