ETH/USDT – 1H – SELLThe currency pair Ethereum/Tether (ETH/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 1414.770000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 1817.000000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish signal. 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1957.000000000 |
| 2nd High | 1835.680000000 |
| Next High | 1817.000000000 |
| Current Price | 1632.990000000 |
| Next Low | 1414.770000000 |
| 2nd Low | |
| 3rd Low |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows