Sell ETH/USDT – 1H – SELL

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 2250 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 3045.78 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 3236.26
2nd High 3069.07
Next High 3045.78
Current Price 2411.220000000
Next Low 2250
2nd Low 2111.89
3rd Low 1778.94

3045.78 – 3035.08 – 2957.04 – 2250 – 2636.01 – 2689 —
2424.980000000 – 2449.440000000 —
20.674020148619 – 28.646344310843 —
– —
3045.78000 – 1769605200

Trading Signals:

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