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
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –