The currency pair Ethereum/Tether (ETH/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 1923.78 is certain.
Caution: A possible reversal of the trend in the direction of resistance at 2039.05 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ candle chart pattern is detected. The candles show ‘Three Black Crows’. this is a bearish 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2107.67 |
| 2nd High | 2103.32 |
| Next High | 2039.05 |
| Current Price | 1947.300000000 |
| Next Low | 1923.78 |
| 2nd Low | 1897.24 |
| 3rd Low | 1747.8 |
2039.05 – 2015.33 – 2008.58 – 1923.78 – 1941.66 – 1937.24 —
1973.440000000 – 1968.650000000 —
50.61594868921 – 43.562369904494 —
– —
2039.05 – 1771401600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –