Sell ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) jumps from the descending trendline down.

A continuation of the downtrend down to the next support level at 3836.070000000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 3987.410000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High 4024.010000000
2nd High 4015.580000000
Next High 3987.410000000
Current Price 3915.210000000
Next Low 3836.070000000
2nd Low 3796.800000000
3rd Low 3562.340000000

Download ETH/USDT Signal Image

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