The pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline downwards
A bearish movement downwards to the next support at 4186.160000000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 4332.600000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘RSI fall below 70’ indicator signal is existing. The indicator shows ‘RSI fall below 70’. this is usually a bearish chart signal. The currency pair could go down.
Next a ‘StochRSI fall below 80’ indicator signal is existing. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish chart signal. The currency pair could go down.
Next a ‘Three Inside Down’ candle chart pattern is detected. The chart forms ‘Three Inside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 4332.600000000 |
| Current Price | 4291.900000000 |
| Next Low | 4186.160000000 |
| 2nd Low | 4153.070000000 |
| 3rd Low | 3647.630000000 |
4332.600000000 – 4246.650000000 – 3716.610000000 – 4186.160000000 – 4153.070000000 – 4160.000000000 — 66.872734016405 – 60.804347137858
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Inside Down – – –