ETH/USDT – 30M – SELLThe combination Ethereum/Tether (ETH/USDT) moves from the bullish trendline downwards
A bearish movement downwards to the next support line at 2940.240000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 3010.650000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3040.150000000 |
| 2nd High | 3020.310000000 |
| Next High | 3010.650000000 |
| Current Price | 3035.270000000 |
| Next Low | 2940.240000000 |
| 2nd Low | 2903.850000000 |
| 3rd Low | 2512.000000000 |
3010.650000000 – 3020.310000000 – 2967.970000000 – 2940.240000000 – 2903.850000000 – 2923.320000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three Black Crows –