Sell ETH/USDT – 1H – SELL

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

A descending movement downwards to the next support level at 3884.000000000 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 4107.800000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Line Strike – Bearish’ chart pattern is existing. The chart shows ‘Three Line Strike – Bearish’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bearish’ heading 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