The pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline downwards
A bearish movement down to the next support level at 3050.010000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 3224.940000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 3075.6393 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 3224.940000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative signal. The 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 |
3331.000000000 |
2nd High |
3240.400000000 |
Next High |
3224.940000000 |
Current Price |
3082.190000000 |
Next Low |
3050.010000000 |
2nd Low |
3042.930000000 |
3rd Low |
3034.990000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows