ETH/USDT – 30M – SELLThe pair Ethereum/Tether (ETH/USDT) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 2023.04 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 2198.57 could happen.
Consider stop-loss settings accordingly.
Next a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘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’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2333.62 |
| 2nd High | 2233.72 |
| Next High | 2198.57 |
| Current Price | 2129.750000000 |
| Next Low | 2023.04 |
| 2nd Low | 2017.59 |
| 3rd Low | 2007.17 |
2198.57 – 2157 – 2168.27 – 2023.04 – 2026 – 2066.97 —
2148.360000000 – 2152.030000000 —
51.604996682929 – 50.412548272142 —
– —
2198.57 – 1774263600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – – –