ETH/USDT – 30M – SELLThe pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline down.
A bearish movement down to the next support at will continue.
Caution: A possible counter-trend in the direction of resistance at 2957.040000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.
Moreover a ‘StochRSI %K falls below 0.8’ indicator layout is existing. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish chart signal. The pair is likely to go down.
Moreover a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. 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 | 2970.41 |
| 2nd High | 2968.49 |
| Next High | 2957.040000000 |
| Current Price | 2923.410000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2957.040000000 – 2968.49 – 2970.41 – 2875.77 – 2943.84 – 2953.99 —
2957.040000000 – 2937.520000000 —
59.902727909316 – 48.249857100635 —
2957.040000000 – 1769486400 —
– 1769486400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – – –