Sell ETH/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support at 1590.8 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 1714.5 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.

Also there is a ‘Southern Doji’ chart pattern is found. The chart forms ‘Southern Doji’. this 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 ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 1893.07
2nd High 1721.93
Next High 1714.5
Current Price 1639.520000000
Next Low 1590.8
2nd Low 1546.06
3rd Low 1471.02

1714.5 – 1721.93 – 1893.07 – 1654.63 – 1590.8 – 1717.28 —
1670.840000000 – 1661.690000000 —
35.511161306091 – 42.688330893647 —
– —
1714.5 – 1780952400

Trading Signals:

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