The combination Ethereum/Tether (ETH/USDT) jumps from the bullish trendline downwards
A bearish movement downwards to the next support at is considered certain.
Caution: A possible trend reversal in the direction of resistance at 4644.470000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.
Then a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4956.780000000 |
| 2nd High | 4769.360000000 |
| Next High | 4644.470000000 |
| Current Price | 4484.570000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4644.470000000 – 4769.360000000 – 4384.060000000 – 4412.000000000 – 4236.000000000 – 4210.610000000 — 44.66913311141 – 40.895721763106
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –