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