ETH/USDT – 1H – SELLAnd also a ‘Double bottom retreat down’ chart layout is discovered. The chart shows ‘Double bottom retreat down’. which is a negative signal. The currency pair is likely to go down.
The pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline down.
The bearish trend down to the next support at 0 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘RSI fall below 30’ indicator signal is discovered. The indicator is ‘RSI fall below 30’. this is usually a bearish chart scenario. The currency pair could go down.
| 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 –