The pair Ethereum/Tether (ETH/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support line at 4311.040000000 will continue.
Caution: A possible change in the direction of resistance at 4663.930000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.
There is also a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘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 chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4956.780000000 |
| 2nd High | 4690.020000000 |
| Next High | 4663.930000000 |
| Current Price | 4501.480000000 |
| Next Low | 4311.040000000 |
| 2nd Low | 4207.390000000 |
| 3rd Low | 4204.200000000 |
4663.930000000 – 4645.930000000 – 4451.720000000 – 4538.690000000 – 4311.040000000 – 4519.960000000 — 36.574071072554 – 33.015320558321
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –