Additionally a ‘Double bottom retreat down’ chart formation is existing. The chart forms ‘Double bottom retreat down’. which is a negative signal. The pair is likely to go down.
The combination Ethereum/Tether (ETH/USDT) moves from the ascending trendline down.
A bearish movement downwards to the next support line at 0 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 0 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 3778.920000000 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
3782.830000000 – 3771.000000000 – 3665.310000000 – 3709.390000000 – 3599.440000000 – 3502.850000000 — 64.966134228939 – 60.071388735417
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double bottom retreat down –