ETH/USDT – 1H – SELL

Then a ‘Triple top chart pattern’ chart layout is found. The chart shows ‘Triple top chart pattern’. which is a bearish signal. The pair is likely to go down.

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

A descending movement down to the next support at 3599.440000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 3878.670000000 could happen.
Consider stop-loss settings accordingly.

Then a ‘StochRSI cross above 20’ indicator layout is found. The indicator shows ‘StochRSI cross above 20’. this is usually a bullish signal. The currency pair could go up.

Then a ‘Bearish Harami’ chart pattern is found. The candles form ‘Bearish Harami’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

3878.670000000 – 3834.030000000 – 3886.440000000 – 3677.650000000 – 3716.040000000 – 3709.390000000 — 37.253421458549 – 34.692830254673

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Harami – Triple top chart pattern – –