ETH/USDT – 1H – SELL

Also there is a ‘Double top chart pattern’ chart layout is discovered. The chart picture shows ‘Double top chart pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish movement downwards to the next support line at is expected.

Caution: A possible counter-trend in the direction of resistance at 4692.360000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

Also there is a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black 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 chance of ‘Three Black Crows’ going down is 82%.

4692.360000000 – 4769.360000000 – 4481.090000000 – 4605.000000000 – 4350.010000000 – 4300.590000000 — 37.071623808047 – 34.708718780134

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Double top chart pattern – –