ETH/USDT – 30M – SELL

The pair Ethereum/Tether (ETH/USDT) goes from the descending trendline down.

A continuation of the bearish trend down to the next support at 4284.630000000 is certain.

Caution: A possible counter-trend in the direction of resistance at 4336.020000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Furthermore a ‘Two Crows’ candle chart pattern is detected. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

4336.020000000 – 4311.230000000 – 4315.350000000 – 4284.630000000 – 4270.810000000 – 4276.760000000 — 61.055802605726 – 56.364456567076

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – Triple bottom chart pattern – –