The currency pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline down.
A bearish trend downwards to the next support line at 3500.000000000 will continue.
Caution: A possible counter-trend in the direction of resistance at should always be considered.
Consider stop-loss settings accordingly.
Also there is a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The 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 | |
2nd High | |
Next High | |
Current Price | 3826.200000000 |
Next Low | 3500.000000000 |
2nd Low | 3252.000000000 |
3rd Low | 3029.410000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows