The currency pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline downwards
A bearish trend down to the next support at 2297.59 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 2404.37 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2464.91 |
| 2nd High | 2423.75 |
| Next High | 2404.37 |
| Current Price | 2360.040000000 |
| Next Low | 2297.59 |
| 2nd Low | 2220.36 |
| 3rd Low | 2175.68 |
2343.6 – 2325.28 – 2275.13 – 2297.59 – 2220.36 – 2258.24 —
2347.470000000 – 2378.420000000 —
51.09974834519 – 62.002697397194 —
– —
2343.6 – 1777755600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –