Sell ETH/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at 1903.19 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 1988.070000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Two Crows’ candle pattern is found. The candles show ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 2032.31
2nd High 2015.81
Next High 1988.070000000
Current Price 1962.900000000
Next Low 1903.19
2nd Low 1866.13
3rd Low 1747.8

1988.070000000 – 2015.81 – 2032.31 – 1903.19 – 1989.38 – 1995.83 —
1988.070000000 – 1974.280000000 —
56.069973663365 – 56.143283644977 —
1988.070000000 – 1770845400 —
– 1770845400

Trading Signals:

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