ETH/USDT – 1H – SELLThe currency pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline downwards
A descent down to the next support line at 3304.630000000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 3437.590000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Below The Stomach’ candlestick pattern is found. The chart shows ‘Below The Stomach’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Below The Stomach’ going down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3547.950000000 |
| 2nd High | 3514.940000000 |
| Next High | 3437.590000000 |
| Current Price | 3324.160000000 |
| Next Low | 3304.630000000 |
| 2nd Low | 3216.970000000 |
| 3rd Low | 3029.410000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Below The Stomach