ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline downwards
A bearish movement down to the next support line at 2932.460000000 will continue.
Caution: A possible trend reversal in the direction of the resistance line at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish chart scenario. The 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 | |
| 2nd High | |
| Next High | |
| Current Price | 3115.510000000 |
| Next Low | 2932.460000000 |
| 2nd Low | 2903.850000000 |
| 3rd Low | 2512.000000000 |
3097.320000000 – 2995.890000000 – 3023.200000000 – 2932.460000000 – 2940.240000000 – 2903.850000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three Black Crows – Double bottom retreat down