ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline down.
A bearish descent downwards to the next support line at 3183.27 is likely expected.
Caution: A possible change in the direction of the resistance zone at 3301.6 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3565.84 |
| 2nd High | 3308.86 |
| Next High | 3301.6 |
| Current Price | 3253.570000000 |
| Next Low | 3183.27 |
| 2nd Low | 3126 |
| 3rd Low | 3020.79 |
3301.6 – 3308.86 – 3253.76 – 3183.27 – 3203.34 – 3126 — 49.150306914319 – 48.237024283009 — 26.048340418737 – 16.953076662076 – 36.572660319741 – 27.345667924076
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – – –