ETH/USDT – 1H – SELLThe currency pair Ethereum/Tether (ETH/USDT) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support level at 3923.500000000 is certain.
Caution: A possible change in the direction of the resistance level at 4024.010000000 is also possible.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4087.730000000 |
| Next High | 4024.010000000 |
| Current Price | 3929.370000000 |
| Next Low | 3923.500000000 |
| 2nd Low | 3831.900000000 |
| 3rd Low | 3677.000000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows