ETH/USDT – 1H – SELLThe currency pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline downwards
A bearish movement downwards to the next support line at 3304.630000000 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 3514.940000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bearish Engulfing’ chart pattern is detected. The candles form ‘Bearish Engulfing’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4107.800000000 |
| 2nd High | 3547.950000000 |
| Next High | 3514.940000000 |
| Current Price | 3370.120000000 |
| Next Low | 3304.630000000 |
| 2nd Low | 3216.970000000 |
| 3rd Low | 3029.410000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing