ETH/USDT – 1H – SELL

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

A descending movement down to the next support at 3092.590000000 will continue.

Caution: A possible counter-trend in the direction of resistance at 3308.86 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

And also a ‘Three Black Crows’ chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

3147.27 – 3104.12 – 3145.45 – 3092.590000000 – 3078.71 – 3058.69 — 54.190487447569 – 45.440111730349 — 63.198924731183 – 32.464717741935 – 80.307616646553 – 61.22311827957

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –