The currency pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline downwards
A descent down to the next support at 3500.000000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 3726.710000000 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | |
Next High | 3726.710000000 |
Current Price | 3756.430000000 |
Next Low | 3500.000000000 |
2nd Low | 3252.000000000 |
3rd Low | 3032.590000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows