The combination Ethereum/Tether (ETH/USDT) moves from the bearish trendline down.
A continuation of the downward movement down to the next support line at 3326.170000000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 3434.350000000 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. this 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 success rate of a ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 3514.940000000 |
2nd High | 3437.590000000 |
Next High | 3434.350000000 |
Current Price | 3366.400000000 |
Next Low | 3326.170000000 |
2nd Low | 3304.630000000 |
3rd Low | 3216.970000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows