The currency pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline downwards
A bearish descent downwards to the next support level at 2932.460000000 is certain.
Caution: A possible change in the direction of the resistance zone at 3425.000000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Two Crows’ candle pattern is discovered. The chart forms ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3425.000000000 |
| Current Price | 3343.790000000 |
| Next Low | 2932.460000000 |
| 2nd Low | 2903.850000000 |
| 3rd Low | 2512.000000000 |
3425.000000000 – 3152.530000000 – 3097.320000000 – 2932.460000000 – 2940.240000000 – 2903.850000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Two Crows –