ETH/USDT – 4H – SELLThe currency pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline downwards
A bearish trend downwards to the next support level at 3252.000000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 3684.920000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3684.920000000 |
| Current Price | 3551.810000000 |
| Next Low | 3252.000000000 |
| 2nd Low | 3029.410000000 |
| 3rd Low | 3014.500000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows