Sell ETH/USDT – 1H – SELL

The currency pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline downwards

A bearish trend downwards to the next support level at 3348.720000000 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 3546.660000000 could happen.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ candle pattern is found. 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 3546.660000000
Current Price 3356.810000000
Next Low 3348.720000000
2nd Low 3281.400000000
3rd Low 3257.540000000

Download ETH/USDT Signal Image

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