ETH/USDT – 1H – SELLThe pair Ethereum/Tether (ETH/USDT) moves from the descending trendline down.
A continuation of the downtrend down to the next support level at 1747.8 is expected.
Caution: A possible change in the direction of the resistance level at 2015.810000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Two Crows’ chart pattern is detected. The chart forms ‘Two Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2147.73 |
| 2nd High | 2046.94 |
| Next High | 2015.810000000 |
| Current Price | 1941.180000000 |
| Next Low | 1747.8 |
| 2nd Low | 1606.01 |
| 3rd Low | 1546.06 |
2015.810000000 – 2046.94 – 2147.73 – 1989.38 – 2008.62 – 2064.1 —
2015.810000000 – 1988.070000000 —
33.085923266055 – 50.142999479623 —
2015.810000000 – 1770818400 —
– 1770818400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – – –