Sell ETH/USDT – 4H – SELL

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

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