Sell ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) moves from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 2285.42 is certain.

Caution: A possible change in the direction of resistance at 2338.79 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Two Crows’ candle pattern is detected. The candles form ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 2423.75
2nd High 2343.58
Next High 2338.79
Current Price 2309.200000000
Next Low 2285.42
2nd Low 2284.19
3rd Low 2278.38

2338.79 – 2343.58 – 2423.75 – 2285.42 – 2305.61 – 2331.5 —
2335.390000000 – 2317.350000000 —
48.09110161849 – 45.700724271652 —
– —
2338.79 – 1776981600

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