Sell ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) jumps from the bearish trendline down.

A continuation of the downward movement downwards to the next support at will persist.

Caution: A possible counter-trend in the direction of the resistance level at 2015.33 could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. which 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 2103.32
2nd High 2023.51
Next High 2015.33
Current Price 1974.410000000
Next Low
2nd Low
3rd Low

2015.33 – 2008.58 – 2023.51 – 1941.66 – 1937.24 – 1928.88 —
2001.500000000 – 1997.890000000 —
55.967200076807 – 52.754249010064 —
– —
2015.33 – 1771354800

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