ETH/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support at 3054.650000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 3301.6 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair could go down.

Besides a ‘Three Black Crows’ chart pattern is found. The candles form ‘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 probability of ‘Three Black Crows’ going down is 82%.

3301.6 – 3308.86 – 3253.76 – 3054.650000000 – 3125.42 – 3183.27 — 50.123729303731 – 48.817020081961 — 88.134291092075 – 79.211001421273 – 90.79790224847 – 85.721277060973

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