ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline down.
The bearish trend down to the next support level at 1964.34 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 1994.98 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. 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 | 2099.36 |
| 2nd High | 1996.04 |
| Next High | 1994.98 |
| Current Price | 1971.230000000 |
| Next Low | 1964.34 |
| 2nd Low | 1955.95 |
| 3rd Low | 1945.08 |
1994.98 – 1996.04 – 2099.36 – 1964.34 – 1955.95 – 2054.75 —
1981.830000000 – 1981.310000000 —
40.384181539276 – 44.901905022633 —
– —
1994.98 – 1772881200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – – –