ETH/USDT – 1H – SELLThe combination Ethereum/Tether (ETH/USDT) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 3677.000000000 is certain.
Caution: A possible change in the direction of the resistance zone at 4015.580000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 3677 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support line at 4015.580000000 could occur.
Consider stop-loss settings accordingly.
Besides a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4087.730000000 |
| 2nd High | 4024.010000000 |
| Next High | 4015.580000000 |
| Current Price | 3698.360000000 |
| Next Low | 3677.000000000 |
| 2nd Low | 3500.000000000 |
| 3rd Low | 3252.000000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows