The combination Ethereum/Tether (ETH/USDT) goes from the bullish trendline down.
A bearish movement down to the next support line at 3884.000000000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 4107.800000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Line Strike – Bearish’ candle pattern is discovered. The candles form ‘Three Line Strike – Bearish’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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: CRYPTO – ETH – ETH/USDT – USDT – Three Line Strike – Bearish