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
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows