Sell ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support at 2609.85 will continue.

Caution: A possible counter-trend in the direction of resistance at 2768.78 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘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 success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 3038.45
2nd High 2828.65
Next High 2768.78
Current Price 2533.990000000
Next Low 2609.85
2nd Low 2512
3rd Low 2474.24

2768.78 – 2828.65 – 3038.45 – 2609.85 – 2636.01 – 2689 —
2659.800000000 – 2636.970000000 —
34.042594485861 – 30.045412637216 —
– —
2768.78000 – 1769772600

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