ETH/USDT – 1H – BUYThe combination Ethereum/Tether (ETH/USDT) moves from the descending trendline down.
A continuation of the downtrend down to the next support at 3305.000000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 3437.590000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Matching Low’ candlestick chart pattern is found. The chart forms ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3547.950000000 |
| 2nd High | 3514.940000000 |
| Next High | 3437.590000000 |
| Current Price | 3361.370000000 |
| Next Low | 3305.000000000 |
| 2nd Low | 3304.630000000 |
| 3rd Low | 3216.970000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Matching Low