Sell ETH/USDT – 1H – SELL

The currency pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline downwards

A descending movement down to the next support line at 1872.310000000 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 2152.400000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘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 likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 2258.470000000
2nd High 2234.930000000
Next High 2152.400000000
Current Price 2012.970000000
Next Low 1872.310000000
2nd Low 1860.380000000
3rd Low 1821.810000000

Download ETH/USDT Signal Image

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