Sell ETH/USDT – 4H – SELL

The pair Ethereum/Tether (ETH/USDT) moves from the descending trendline down.

A continuation of the bearish trend downwards to the next support line at 2716.04 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 3045.78 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 3402.89
2nd High 3368.82
Next High 3045.78
Current Price 2534.200000000
Next Low 2716.04
2nd Low 2623.57
3rd Low 2474.24

3045.78 – 3368.82 – 3402.89 – 2875.77 – 2866.11 – 3253.01 —
2828.650000000 – 2704.820000000 —
26.621356530557 – 25.611292147149 —
– —
3045.78000 – 1769601600

Trading Signals:

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