The currency pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline downwards
A descent downwards to the next support line at 1612.630000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 1660.320000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. which 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’ heading down is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 1689.000000000 |
2nd High | 1669.590000000 |
Next High | 1660.320000000 |
Current Price | 1673.130000000 |
Next Low | 1612.630000000 |
2nd Low | 1562.010000000 |
3rd Low | 1546.060000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows