ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at will continue.
Caution: A possible change in the direction of resistance at 4384.060000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.
Moreover a ‘Two Crows’ candlestick chart pattern is found. The candles form ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4490.640000000 |
| 2nd High | 4490.000000000 |
| Next High | 4384.060000000 |
| Current Price | 4311.140000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4384.060000000 – 4336.020000000 – 4311.230000000 – 4284.630000000 – 4270.810000000 – 4276.760000000 — 49.786597195034 – 47.473119679648
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – Triple bottom chart pattern – –