ETH/USDT – 1H – SELLThe combination Ethereum/Tether (ETH/USDT) moves from the bullish trendline downwards
A descent downwards to the next support line at 4350.010000000 will persist.
Caution: A possible change in the direction of resistance at 4481.090000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Two Crows’ candle pattern is discovered. The chart forms ‘Two Crows’. which 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 likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4490.640000000 |
| 2nd High | 4490.000000000 |
| Next High | 4481.090000000 |
| Current Price | 4525.810000000 |
| Next Low | 4350.010000000 |
| 2nd Low | 4300.590000000 |
| 3rd Low | 4277.060000000 |
4481.090000000 – 4453.570000000 – 4381.870000000 – 4350.010000000 – 4300.590000000 – 4277.060000000 — 71.010441376409 – 66.572439493966
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – Double bottom retreat down – –