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
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows