Sell ETH/USDT – 1H – SELL

The combination Ethereum/Tether (ETH/USDT) moves from the bullish trendline down.

A bearish trend down to the next support at 2940.240000000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 3083.000000000 could occur.
Consider stop-loss settings accordingly.

There is also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

There is also a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. this 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 chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 3083.000000000
Current Price 2951.800000000
Next Low 2940.240000000
2nd Low 2903.850000000
3rd Low 2512.000000000

3083.000000000 – 3020.310000000 – 2979.780000000 – 2940.240000000 – 2903.850000000 – 2923.320000000

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