ETH/USDT – 30M – SELLThe pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline downwards
A bearish descent down to the next support level at 4256.920000000 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 4639.700000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. which is a negative signal. The 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 | |
| 2nd High | |
| Next High | 4639.700000000 |
| Current Price | 4677.720000000 |
| Next Low | 4256.920000000 |
| 2nd Low | 4190.000000000 |
| 3rd Low | 4166.770000000 |
4639.700000000 – 4366.460000000 – 4349.810000000 – 4256.920000000 – 4190.000000000 – 4166.770000000 — 70.208638298692 – 64.629576886716
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Triple bottom chart pattern – –