ETH/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 2038.655 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 2085.58 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2099.36 |
| 2nd High | 2088.19 |
| Next High | 2085.58 |
| Current Price | 2059.360000000 |
| Next Low | 2007.17 |
| 2nd Low | 1989.12 |
| 3rd Low | 1916.14 |
2085.58 – 2088.19 – 2074 – 2007.17 – 2018 – 2008.65 —
2079.660000000 – 2084.530000000 —
64.227765095524 – 56.854713688339 —
– —
2085.58 – 1773248400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –