ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 3455.000000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 4031.380000000 should be noted.
Consider stop-loss settings accordingly.
There is also a ‘Bearish Engulfing’ candle pattern is discovered. The candles form ‘Bearish Engulfing’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4107.800000000 |
| Next High | 4031.380000000 |
| Current Price | 3375.270000000 |
| Next Low | 3455.000000000 |
| 2nd Low | 3252.000000000 |
| 3rd Low | 3032.590000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing