ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline down.
A descent down to the next support line at 3565.000000000 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 3694.060000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish 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’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3886.440000000 |
| 2nd High | 3878.670000000 |
| Next High | 3694.060000000 |
| Current Price | 3571.660000000 |
| Next Low | 3565.000000000 |
| 2nd Low | 3502.850000000 |
| 3rd Low | 3477.580000000 |
3694.060000000 – 3878.670000000 – 3832.000000000 – 3565.000000000 – 3677.650000000 – 3744.160000000 — 40.062455040508 – 38.408489637971
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – – –