The combination Ethereum/Tether (ETH/USDT) moves from the descending trendline downwards
A continuation of the downward movement down to the next support line at 1903.19 will persist.
Caution: A possible change in the direction of resistance at 1988.07 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.
Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2032.31 |
| 2nd High | 2015.81 |
| Next High | 1988.07 |
| Current Price | 1974.110000000 |
| Next Low | 1903.19 |
| 2nd Low | 1866.13 |
| 3rd Low | 1747.8 |
1988.07 – 2015.81 – 2032.31 – 1903.19 – 1989.38 – 1995.83 —
1995.730000000 – 1996.050000000 —
64.172165744101 – 55.817973831813 —
– —
1988.07 – 1770845400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – – –