The currency pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline downwards
A bearish descent downwards to the next support at 3421.790000000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 3509.990000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Bearish Harami’ candlestick chart pattern is existing. The candles show ‘Bearish Harami’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 3547.950000000 |
2nd High | 3514.940000000 |
Next High | 3509.990000000 |
Current Price | 3469.860000000 |
Next Low | 3421.790000000 |
2nd Low | 3323.030000000 |
3rd Low | 3313.880000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Harami