Sell ETH/USDT – 30M – SELL

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 3837.59054 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 3945.000000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 3987.410000000
2nd High 3968.470000000
Next High 3945.000000000
Current Price 3868.840000000
Next Low 3836.070000000
2nd Low 3796.800000000
3rd Low 3562.340000000

Download ETH/USDT Signal Image

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