The combination Ethereum/Tether (ETH/USDT) moves from the descending trendline down.
A continuation of the bearish trend down to the next support line at 3217.560000000 will continue.
Caution: A possible change in the direction of resistance at 3320.180000000 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 3337.000000000 |
2nd High | 3322.490000000 |
Next High | 3320.180000000 |
Current Price | 3270.330000000 |
Next Low | 3217.560000000 |
2nd Low | 3193.970000000 |
3rd Low | 3158.000000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows