ETH/USDT – 30M – SELLThe pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline downwards
A bearish movement downwards to the next support line at 4350.010000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 4633.970000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bearish Engulfing’ candle pattern is found. The candles form ‘Bearish Engulfing’. 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 probability of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4690.020000000 |
| 2nd High | 4663.930000000 |
| Next High | 4633.970000000 |
| Current Price | 4515.120000000 |
| Next Low | 4350.010000000 |
| 2nd Low | 4300.590000000 |
| 3rd Low | 4277.060000000 |
4481.090000000 – 4453.570000000 – 4381.870000000 – 4350.010000000 – 4300.590000000 – 4277.060000000 — 58.606770199474 – 57.284319123199
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –