Sell ETH/USDT – 30M – SELL

The pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline down.

A bearish descent down to the next support level at 4372.540000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 4576.000000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Besides a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 4788.000000000
2nd High 4672.670000000
Next High 4576.000000000
Current Price 4387.190000000
Next Low 4372.540000000
2nd Low 4368.000000000
3rd Low 4256.920000000

4576.000000000 – 4440.510000000 – 4490.730000000 – 4427.440000000 – 4393.980000000 – 4372.540000000 — 31.987572755208 – 30.766241697197

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