ETH/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 2037.22 will persist.

Caution: A possible counter-trend in the direction of resistance at 2115 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘StochOSC Hidden Bearish Divergence’ indicator signal is existing. The indicator shows ‘StochOSC Hidden Bearish Divergence’. which is often a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will persist. Current target is 2039.92476 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 2115 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Two Crows’ candlestick pattern is detected. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

2115 – 2119.46 – 2093.94 – 2037.22 – 2032.6 – 1866.13 —
2088.410000000 – 2124.550000000 —
51.627652025728 – 65.864122987702 —
– —
2115 – 1770496200

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – – –