The combination Ethereum/Tether (ETH/USDT) jumps from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 3825.030000000 is considered certain.
Caution: A possible counter-trend in the direction of resistance at 3945.000000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 3987.410000000 |
2nd High | 3968.470000000 |
Next High | 3945.000000000 |
Current Price | 3845.200000000 |
Next Low | 3825.030000000 |
2nd Low | 3796.800000000 |
3rd Low | 3562.340000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows