Sell ETH/USDT – 1H – SELL

And also a ‘Triple top chart pattern’ chart formation is found. The chart forms ‘Triple top chart pattern’. which is a negative signal. The currency pair is likely to fall.

The currency pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline down.

A continuation of the downward movement downwards to the next support line at 3599.440000000 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 3878.670000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘RSI fall below 30’ indicator signal is found. The indicator is ‘RSI fall below 30’. which is often a bearish signal. The currency pair could go down.

And also a ‘Bearish Harami’ chart pattern is discovered. The chart forms ‘Bearish Harami’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 3886.440000000
Next High 3878.670000000
Current Price 3613.010000000
Next Low 3599.440000000
2nd Low 3502.850000000
3rd Low 3477.580000000

3878.670000000 – 3834.030000000 – 3886.440000000 – 3677.650000000 – 3716.040000000 – 3709.390000000 — 37.253421458549 – 34.692830254673

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