ETH/USDT – 30M – SELLThe combination Ethereum/Tether (ETH/USDT) goes from the ascending trendline downwards
A bearish movement down to the next support level at will persist.
Caution: A possible change in the direction of the resistance zone at 2588.420000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative pattern signal. 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 | 2603.600000000 |
| 2nd High | 2590.570000000 |
| Next High | 2588.420000000 |
| Current Price | 2526.960000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2588.420000000 – 2590.570000000 – 2603.600000000 – 2512.000000000 – 2474.240000000 – 2527.370000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three Black Crows – Head and Shoulder chart pattern