Sell ETH/USDT – 1H – SELL

The currency pair Ethereum/Tether (ETH/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support line at 2512 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 3045.78 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Matching Low’ candle pattern is discovered. The candles show ‘Matching Low’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 3236.26
2nd High 3069.07
Next High 3045.78
Current Price 2534.200000000
Next Low 2512
2nd Low 2474.24
3rd Low 2373

3045.78 – 3035.08 – 2957.04 – 2636.01 – 2689 – 2983.67 —
2701.000000000 – 2636.970000000 —
36.538143559842 – 26.030100859978 —
– —
3045.78000 – 1769605200

Trading Signals:

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