Sell ETH/USDT – 30M – SELL

The currency pair Ethereum/Tether (ETH/USDT) goes from the descending trendline downwards

A continuation of the downtrend down to the next support at 4265.000000000 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 4454.400000000 should always be considered.
Consider stop-loss settings accordingly.

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

Support & Resistance Price Range*
3rd High 4633.970000000
2nd High 4516.750000000
Next High 4454.400000000
Current Price 4265.090000000
Next Low 4265.000000000
2nd Low 4207.390000000
3rd Low 4204.200000000

4454.400000000 – 4516.750000000 – 4633.970000000 – 4265.000000000 – 4430.000000000 – 4467.630000000 — 42.008412564661 – 30.983816894721

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