ETH/USDT – 30M – SELL

The currency pair Ethereum/Tether (ETH/USDT) goes from the descending trendline downwards

A continuation of the downtrend downwards to the next support level at 3677.000000000 will persist.

Caution: A possible change in the direction of the resistance zone at 3946.000000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 3677 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support zone at 3946.000000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative pattern 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%.

Download ETH/USDT Signal Image

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows