ETH/USDT – 1H – SELLIn addition a ‘Double bottom retreat down’ chart formation is existing. The chart picture forms ‘Double bottom retreat down’. this is a bearish signal. The pair is likely to go down.
The combination Ethereum/Tether (ETH/USDT) jumps from the ascending trendline down.
A bearish movement downwards to the next support level at 0 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘RSI fall below 70’ indicator layout is discovered. The indicator is ‘RSI fall below 70’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 3778.920000000 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
3782.830000000 – 3771.000000000 – 3665.310000000 – 3709.390000000 – 3599.440000000 – 3502.850000000 — 64.966134228939 – 60.071388735417
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double bottom retreat down –