The currency pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline down.
A bearish movement down to the next support line at 4186.160000000 will continue.
Caution: A possible change in the direction of resistance at 4332.600000000 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator is ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair could go down.
Additionally a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 4332.600000000 |
| Current Price | 4306.470000000 |
| Next Low | 4186.160000000 |
| 2nd Low | 4153.070000000 |
| 3rd Low | 3647.630000000 |
4332.600000000 – 4246.650000000 – 3716.610000000 – 4186.160000000 – 4153.070000000 – 4160.000000000 — 61.607348429952 – 60.086947769105
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – – –