ETH/USDT – 30M – SELL

The currency pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline down.

The bearish trend down to the next support at 4153.170000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 4246.650000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘RSI fall below 70’ indicator signal is discovered. The indicator is ‘RSI fall below 70’. which could be a negative chart scenario. The currency pair could go down.

Moreover a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator is ‘StochRSI fall below 80’. which could be a negative chart scenario. The currency pair could go down.

Moreover a ‘Three Outside Down’ candlestick chart pattern is found. The chart forms ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

4246.650000000 – 3716.610000000 – 3698.600000000 – 4153.170000000 – 3647.630000000 – 3574.050000000 — 56.435861436166 – 52.7860648995

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Down – Triple bottom chart pattern – –