Sell ETH/USDT – 30M – SELL

The currency pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline down.

A bearish descent downwards to the next support line at 2297.59 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 2343.6 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Additionally a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High 2404.37
2nd High 2346.95
Next High 2343.6
Current Price 2322.210000000
Next Low 2297.59
2nd Low 2278.98
3rd Low 2252.42

2343.6 – 2313.98 – 2308.34 – 2297.59 – 2278.98 – 2252.42 —
2313.460000000 – 2327.390000000 —
56.280062101148 – 66.501219207005 —
– —
2343.6 – 1777757400

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