Sell ETH/USDT – 30M – SELL

The pair Ethereum/Tether (ETH/USDT) jumps from the ascending trendline downwards

A descending movement downwards to the next support level at 4166.770000000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 4340.150000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 4533.950000000
2nd High 4388.650000000
Next High 4340.150000000
Current Price 4126.270000000
Next Low 4166.770000000
2nd Low 4153.070000000
3rd Low 3647.630000000

4340.150000000 – 4388.650000000 – 4533.950000000 – 4193.770000000 – 4225.860000000 – 4427.440000000 — 34.867092824936 – 32.555424924095

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