ETH/USDT – 1H – SELLNext a ‘Triple top chart pattern’ chart pattern is detected. The chart picture shows ‘Triple top chart pattern’. which is a bearish signal. The currency pair is likely to fall.
The combination Ethereum/Tether (ETH/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support at 3599.440000000 will persist.
Caution: A possible change in the direction of the resistance line at 3878.670000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Bearish Harami’ candlestick pattern is detected. The chart shows ‘Bearish Harami’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3886.440000000 |
| Next High | 3878.670000000 |
| Current Price | 3613.010000000 |
| Next Low | 3599.440000000 |
| 2nd Low | 3502.850000000 |
| 3rd Low | 3477.580000000 |
3878.670000000 – 3834.030000000 – 3886.440000000 – 3677.650000000 – 3716.040000000 – 3709.390000000 — 37.253421458549 – 34.692830254673
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Harami – Triple top chart pattern –