The combination Ethereum/Tether (ETH/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 3281.400000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 3450.000000000 could occur.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ candle pattern is detected. The candles show ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. 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 | 3497.510000000 |
Next High | 3450.000000000 |
Current Price | 3348.820000000 |
Next Low | 3281.400000000 |
2nd Low | 3264.840000000 |
3rd Low | 3257.540000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows