ETH/USDT – 30M – BUYThe combination Ethereum/Tether (ETH/USDT) moves from the bullish trendline down.
A bearish movement downwards to the next support level at 3610.630000000 will continue.
Caution: A possible change in the direction of the resistance line at 3656.880000000 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Inverted Hammer’ candle chart pattern is detected. The candles form ‘Inverted Hammer’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Inverted Hammer’ going up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4107.800000000 |
| 2nd High | 4031.380000000 |
| Next High | 3656.880000000 |
| Current Price | 3643.550000000 |
| Next Low | 3610.630000000 |
| 2nd Low | 3593.700000000 |
| 3rd Low | 3421.790000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Inverted Hammer