The pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline down.
A bearish trend down to the next support line at 3257.540000000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 3425.920000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 3442.500000000 |
Next High | 3425.920000000 |
Current Price | 3280.010000000 |
Next Low | 3257.540000000 |
2nd Low | 3032.590000000 |
3rd Low | 3029.410000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows