Sell ETH/USDT – 1H – SELL

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

The bearish trend downwards to the next support at 2313.89 will continue.

Caution: A possible counter-trend in the direction of resistance at 2423.74 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

There is also a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. 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 2464.91
2nd High 2423.75
Next High 2423.74
Current Price 2294.820000000
Next Low 2313.89
2nd Low 2309.24
3rd Low 2297.59

2423.74 – 2399.5 – 2398.93 – 2313.89 – 2354.34 – 2309.24 —
2338.570000000 – 2333.020000000 —
41.895421357449 – 34.315273177807 —
– —
2423.74 – 1778065200

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