ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline downwards
A descent downwards to the next support level at 4350.010000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 4516.750000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Two Crows’ chart pattern is found. The chart forms ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4663.930000000 |
| 2nd High | 4633.970000000 |
| Next High | 4516.750000000 |
| Current Price | 4501.230000000 |
| Next Low | 4350.010000000 |
| 2nd Low | 4300.590000000 |
| 3rd Low | 4277.060000000 |
4481.090000000 – 4453.570000000 – 4381.870000000 – 4350.010000000 – 4300.590000000 – 4277.060000000 — 66.766005316132 – 64.212516913014
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – – –