Sell ETH/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 3208.2 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 3386.360000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ chart pattern is detected. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The 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 3744.830000000
2nd High 3700.860000000
Next High 3386.360000000
Current Price 3316.210000000
Next Low 3208.200000000
2nd Low 3032.590000000
3rd Low 3029.410000000

Download ETH/USDT Signal Image

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