The combination Ethereum/Tether (ETH/USDT) goes from the descending trendline down.
A continuation of the downtrend down to the next support line at 3527.000000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 3764.200000000 could be enabled.
Consider stop-loss settings accordingly.
There is also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
There is also a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3860.000000000 |
| 2nd High | 3798.650000000 |
| Next High | 3764.200000000 |
| Current Price | 3578.980000000 |
| Next Low | 3527.000000000 |
| 2nd Low | 3526.440000000 |
| 3rd Low | 3477.580000000 |
3764.200000000 – 3748.900000000 – 3798.650000000 – 3527.000000000 – 3655.190000000 – 3616.540000000
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – –