ETH/USDT – 30M – SELLThe pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline down.
A bearish movement down to the next support line at 3825.030000000 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 3911.500000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bearish Engulfing’ candlestick chart pattern is existing. The chart forms ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3968.470000000 |
| 2nd High | 3945.000000000 |
| Next High | 3911.500000000 |
| Current Price | 3860.430000000 |
| Next Low | 3825.030000000 |
| 2nd Low | 3796.800000000 |
| 3rd Low | 3562.340000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing