ETH/USDT – 1H – SELLThe combination Ethereum/Tether (ETH/USDT) moves from the bullish trendline down.
A bearish movement down to the next support line at 2477.730000000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 2726.780000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Southern Doji’ candlestick pattern is discovered. The candles show ‘Southern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 2788.000000000 |
| Next High | 2726.780000000 |
| Current Price | 2732.950000000 |
| Next Low | 2477.730000000 |
| 2nd Low | 2457.000000000 |
| 3rd Low | 2381.490000000 |
2726.780000000 – 2548.630000000 – 2544.360000000 – 2477.730000000 – 2490.580000000 – 2457.000000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Southern Doji