ETH/USDT – 30M – SELLThe pair Ethereum/Tether (ETH/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support at 4284.630000000 is certain.
Caution: A possible counter-trend in the direction of resistance at 4336.020000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
Furthermore a ‘Two Crows’ candle chart pattern is detected. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4490.000000000 |
| 2nd High | 4343.030000000 |
| Next High | 4336.020000000 |
| Current Price | 4319.990000000 |
| Next Low | 4284.630000000 |
| 2nd Low | 4270.810000000 |
| 3rd Low | 4236.000000000 |
4336.020000000 – 4311.230000000 – 4315.350000000 – 4284.630000000 – 4270.810000000 – 4276.760000000 — 61.055802605726 – 56.364456567076
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – Triple bottom chart pattern – –