Sell ETH/USDT – 1H – SELL

The pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline down.

The bearish trend down to the next support at 3884.000000000 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 4107.800000000 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Three Line Strike – Bearish’ candle chart pattern is found. The chart forms ‘Three Line Strike – Bearish’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 4107.800000000
Current Price 3918.400000000
Next Low 3884.000000000
2nd Low 3844.400000000
3rd Low 3831.500000000

Download ETH/USDT Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals