ETH/USDT – 1H – SELLThe pair Ethereum/Tether (ETH/USDT) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 2512 is certain.
Caution: A possible change in the direction of the resistance zone at 3169.95 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which is often a bearish signal. The currency pair could go down.
Also there is a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3249 |
| 2nd High | 3223.38 |
| Next High | 3169.95 |
| Current Price | 2737.860000000 |
| Next Low | 2512 |
| 2nd Low | 2474.24 |
| 3rd Low | 2373 |
3169.95 – 3223.38 – 3249 – 2946.56 – 3004 – 3131.78 — 43.258114297777 – 41.68493400919 — 94.383188701719 – 86.367194146673 – 93.553675110545 – 93.499517894617
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – – –