The combination Ethereum/Tether (ETH/USDT) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 3305.000000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 3434.350000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘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 | 3319.260000000 |
Next Low | 3305.000000000 |
2nd Low | 3304.630000000 |
3rd Low | 3216.970000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows