The combination Ethereum/Tether (ETH/USDT) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support level at 4257.200000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 4415.610000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.
Then a ‘Bearish Belt Hold’ candle pattern is found. The candles form ‘Bearish Belt Hold’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4516.750000000 |
| 2nd High | 4454.400000000 |
| Next High | 4415.610000000 |
| Current Price | 4362.700000000 |
| Next Low | 4257.200000000 |
| 2nd Low | 4207.390000000 |
| 3rd Low | 4204.200000000 |
4415.610000000 – 4379.550000000 – 4454.400000000 – 4257.200000000 – 4265.000000000 – 4430.000000000 — 52.530642070939 – 47.553055542924
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Belt Hold – – –