Sell ETH/USDT – 1H – SELL

The currency pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline downwards

A descent down to the next support at 3534.280000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 3684.920000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ candlestick pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 3684.920000000
Current Price 3573.790000000
Next Low 3534.280000000
2nd Low 3529.760000000
3rd Low 3252.000000000

Download ETH/USDT Signal Image

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