ETH/USDT – 30M – SELLThe combination Ethereum/Tether (ETH/USDT) goes from the ascending trendline downwards
A descending movement down to the next support level at 2932.460000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance level at 3425.000000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Two Crows’ candlestick chart pattern is existing. The candles show ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going 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 –