Buy ETH/USDT – 1H – BUY

The combination Ethereum/Tether (ETH/USDT) goes from the bearish trendline down.

A continuation of the bearish trend down to the next support at 3313.880000000 will persist.

Caution: A possible trend reversal in the direction of resistance at 3451.000000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Matching Low’ chart pattern is found. The chart shows ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 3547.950000000
2nd High 3514.940000000
Next High 3451.000000000
Current Price 3360.380000000
Next Low 3313.880000000
2nd Low 3305.000000000
3rd Low 3304.630000000

Download ETH/USDT Signal Image

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