Sell ETH/USDT – 30M – SELL

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

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