Sell ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) jumps from the descending trendline downwards

A continuation of the downtrend downwards to the next support at 3825.030000000 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 3945.000000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. this 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 likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 3987.410000000
2nd High 3968.470000000
Next High 3945.000000000
Current Price 3845.200000000
Next Low 3825.030000000
2nd Low 3796.800000000
3rd Low 3562.340000000

Download ETH/USDT Signal Image

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