ETH/USDT – 30M – SELLAnd also a ‘Double top chart pattern’ chart formation is detected. The chart picture forms ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to fall.
And also a ‘%K fall below 80’ indicator signal is discovered. The indicator is ‘%K fall below 80’. which is often a bearish chart scenario. The pair is likely to go down.
And also a ‘In-Neck’ candle chart pattern is existing. The candles show ‘In-Neck’. 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 success rate of a ‘In-Neck’ heading down is 53% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3249 |
| 2nd High | 3223.38 |
| Next High | 3169.95 |
| Current Price | 3013.020000000 |
| Next Low | 2946.56 |
| 2nd Low | 2932.46 |
| 3rd Low | 2903.85 |
3169.95 – 3050.05 – 3223.38 – 3022.09 – 2946.56 – 2959.46 — 42.724970541394 – 30.604313167779 — 11.103207066216 – 0 – 20.643994689009 – 11.333741708986
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – In-Neck – Double top chart pattern – –