ETH/USDT – 30M – SELLThe pair Ethereum/Tether (ETH/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support line at 2689 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 2828.65 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. which 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 | 3045.78 |
| 2nd High | 3038.45 |
| Next High | 2828.65 |
| Current Price | 2721.930000000 |
| Next Low | 2689 |
| 2nd Low | 2623.57 |
| 3rd Low | 2512 |
2828.65 – 3038.45 – 3045.78 – 2689 – 2754.53 – 2937.55 —
2760.610000000 – 2739.590000000 —
38.481412273274 – 37.836061969266 —
– —
2828.65000 – 1769731200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – – –