Sell ETH/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support at 3032.590000000 is expected.

Caution: A possible change in the direction of the resistance zone at 3346.000000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Two Crows’ candle chart pattern is discovered. The chart shows ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 3700.860000000
2nd High 3386.360000000
Next High 3346.000000000
Current Price 3195.630000000
Next Low 3032.590000000
2nd Low 3029.410000000
3rd Low 3014.500000000

Download ETH/USDT Signal Image

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