ETH/USDT – 30M – SELLThe combination Ethereum/Tether (ETH/USDT) moves from the ascending trendline downwards
A descent down to the next support at 4372.540000000 will continue.
Caution: A possible trend reversal in the direction of resistance at 4440.510000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Two Crows’ candle pattern is discovered. The candles show ‘Two 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 likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4672.670000000 |
| 2nd High | 4490.730000000 |
| Next High | 4440.510000000 |
| Current Price | 4412.760000000 |
| Next Low | 4372.540000000 |
| 2nd Low | 4368.000000000 |
| 3rd Low | 4256.920000000 |
4440.510000000 – 4490.730000000 – 4672.670000000 – 4372.540000000 – 4368.000000000 – 4453.130000000 — 48.160455617827 – 48.006617232095
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – Double bottom retreat down – –