The combination Ethereum/Tether (ETH/USDT) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 3502.850000000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 3764.200000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.
Besides a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. this 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 probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3860.000000000 |
| 2nd High | 3798.650000000 |
| Next High | 3764.200000000 |
| Current Price | 3686.690000000 |
| Next Low | 3502.850000000 |
| 2nd Low | 3477.580000000 |
| 3rd Low | 3361.200000000 |
3665.310000000 – 3764.200000000 – 3748.900000000 – 3502.850000000 – 3527.000000000 – 3655.190000000 — 58.006976450982 – 56.826712892088
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – –