ETH/USDT – 1H – SELLThe combination Ethereum/Tether (ETH/USDT) jumps from the ascending trendline downwards
A descent down to the next support line at 3193.970000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 3322.490000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. which is a bearish chart scenario. 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 | 3744.830000000 |
| 2nd High | 3386.360000000 |
| Next High | 3322.490000000 |
| Current Price | 3224.640000000 |
| Next Low | 3193.970000000 |
| 2nd Low | 3158.000000000 |
| 3rd Low | 3029.410000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows