ETH/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at is likely expected.

Caution: A possible counter-trend in the direction of resistance at 4388.650000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.

Furthermore a ‘Two Crows’ chart pattern is existing. The candles form ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

4388.650000000 – 4533.950000000 – 4576.000000000 – 4193.770000000 – 4225.860000000 – 4427.440000000 — 51.170660517929 – 35.050247848388

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – – –