The pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support at will continue.
Caution: A possible counter-trend in the direction of the resistance level at 2320.42 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. 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 | 2331.85 |
| 2nd High | 2323.21 |
| Next High | 2320.42 |
| Current Price | 2310.000000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2320.42 – 2323.21 – 2331.85 – 2300.55 – 2307.2 – 2301.61 —
2319.580000000 – 2318.400000000 —
61.720149790887 – 50.16987871831 —
– —
2320.42 – 1777156200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – – –