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