ETH/USDT – 1H – SELLThe pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline downwards
A bearish trend downwards to the next support at 4372.540000000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 4672.670000000 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Two Crows’ candle pattern is discovered. The candles show ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4788.000000000 |
| Next High | 4672.670000000 |
| Current Price | 4457.120000000 |
| Next Low | 4372.540000000 |
| 2nd Low | 4368.000000000 |
| 3rd Low | 4256.920000000 |
4672.670000000 – 4788.000000000 – 4366.460000000 – 4372.540000000 – 4368.000000000 – 4451.330000000 — 56.753733060175 – 53.606123068819
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – – –