ETH/USDT – 30M – SELLAdditionally a ‘Double top chart pattern’ chart pattern is discovered. The chart picture shows ‘Double top chart pattern’. which is a bearish signal. The currency pair is likely to fall.
The combination Ethereum/Tether (ETH/USDT) goes from the ascending trendline downwards
The bearish trend downwards to the next support level at 4670.000000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 4956.780000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Last Engulfing Top’ candlestick chart pattern is discovered. The chart shows ‘Last Engulfing Top’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 4956.780000000 |
| Current Price | 4705.220000000 |
| Next Low | 4670.000000000 |
| 2nd Low | 4659.700000000 |
| 3rd Low | 4207.390000000 |
4956.780000000 – 4817.400000000 – 4768.900000000 – 4670.000000000 – 4720.000000000 – 4690.720000000 — 42.77576706478 – 39.848001236661
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Last Engulfing Top – Double top chart pattern – –