Double Trouble for ETHUSDT: Bearish AB=CD and Bat Patterns Signal a Major Drop !

 

Bearish Bat and AB=CD Patterns Signal Potential Downtrend in ETHUSDT.P – Key Price Targets Identified

Bearish Harmonic Patterns in ETHUSDT: Key Levels Traders Must Watch

In the current Ethereum Perpetual (ETHUSDT.P) market structure, strong bearish harmonic patterns are emerging around the 3799 – 3831 USDT Potential Reversal Zone (PRZ). Specifically, both a Bearish Bat pattern and a Bearish AB=CD formation are taking shape—often reliable indicators of a potential trend reversal.

These overlapping harmonic structures signal that the market may be preparing for a downward move after testing this critical resistance zone. Traders familiar with harmonic patterns will recognize the significance of this convergence, as it increases the probability of a reversal.

Technical Breakdown:

• Bearish Bat PRZ: 3799 – 3831 USDT

• Bearish AB=CD Completion: Confirms within the same zone

• TP1 Target: 3190 USDT

• TP2 Target: 2778 USDT

https://tr.tradingview.com/chart/ETHUSDT.P/qQDXM232/

Should price action confirm rejection from the PRZ, we can expect an initial retracement towards the 3190 USDT level (TP1), with a deeper drop toward 2778 USDT (TP2) in a sustained bearish scenario. RSI divergence, volume depletion, or candlestick reversal patterns in this zone may further validate the setup.

This setup is particularly relevant for traders utilizing harmonic strategies or those looking for low-risk, high-reward short positions in the current market cycle.

Risk management remains crucial. Always use appropriate stop-loss placements above the PRZ to guard against invalidation.

Stay tuned to this zone with close attention. A well-timed entry around this pattern may offer significant profit opportunities during Ethereum’s next major price movement.