ETH/USDT – 1H – BUYThe combination Ethereum/Tether (ETH/USDT) goes from the bullish trendline down.
A bearish movement down to the next support line at 3305.000000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 3437.590000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Below The Stomach’ candle chart pattern is found. The candles show ‘Below The Stomach’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 | 3340.600000000 |
| Next Low | 3305.000000000 |
| 2nd Low | 3304.630000000 |
| 3rd Low | 3216.970000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Below The Stomach