The combination Ethereum/Tether (ETH/USDT) moves from the bullish trendline downwards
A descent downwards to the next support at 3120.410000000 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 3184.600000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘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 chance of ‘Three Black Crows’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 3240.400000000 |
2nd High | 3219.970000000 |
Next High | 3184.600000000 |
Current Price | 3085.000000000 |
Next Low | 3120.410000000 |
2nd Low | 3101.110000000 |
3rd Low | 3014.500000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows