Sell ETH/USDT – 1H – SELL

The currency pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline down.

A bearish movement down to the next support line at 3257.540000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 3425.920000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High 3442.500000000
Next High 3425.920000000
Current Price 3405.100000000
Next Low 3257.540000000
2nd Low 3029.410000000
3rd Low 3014.500000000

Download ETH/USDT Signal Image

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