ETH/USDT – 1H – SELLThe currency pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline down.
The bearish trend downwards to the next support line at 2477.730000000 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 2788.000000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 2788.000000000 |
| Current Price | 2781.260000000 |
| Next Low | 2477.730000000 |
| 2nd Low | 2457.000000000 |
| 3rd Low | 2381.490000000 |
2726.780000000 – 2548.630000000 – 2544.360000000 – 2477.730000000 – 2490.580000000 – 2457.000000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three Black Crows