ETH/USDT – 1H – SELLThe currency pair Ethereum/Tether (ETH/USDT) jumps from the bearish trendline down.
A continuation of the downward movement down to the next support level at 3029.410000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 3339.000000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3744.830000000 |
| 2nd High | 3386.360000000 |
| Next High | 3339.000000000 |
| Current Price | 3057.160000000 |
| Next Low | 3029.410000000 |
| 2nd Low | 3014.500000000 |
| 3rd Low |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows