Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 3252 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 4107.800000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black 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 chance of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 4107.800000000 |
Current Price | 3369.990000000 |
Next Low | 3252.000000000 |
2nd Low | 3029.410000000 |
3rd Low | 3014.500000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows