Sell ETH/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support at 2609.85 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 2768.78 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. 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 3038.45
2nd High 2828.65
Next High 2768.78
Current Price 2420.840000000
Next Low 2609.85
2nd Low 2512
3rd Low 2474.24

2768.78 – 2828.65 – 3038.45 – 2609.85 – 2636.01 – 2689 —
2643.450000000 – 2551.260000000 —
30.809624774735 – 18.487768674138 —
– —
2768.78000 – 1769772600

Trading Signals:

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