The pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline down.
A descent downwards to the next support at 3264.840000000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 3497.510000000 could happen.
Consider stop-loss settings accordingly.
Then a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 3497.510000000 |
Current Price | 3381.840000000 |
Next Low | 3264.840000000 |
2nd Low | 3257.540000000 |
3rd Low | 3032.590000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows