ETH/USDT – 4H – SELL

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

A continuation of the downward movement downwards to the next support at 1907 is certain.

Caution: A possible change in the direction of the resistance line at 1995.56 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Also there is a ‘Three Inside Down’ candlestick pattern is found. The chart forms ‘Three Inside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

1995.56 – 2039.05 – 2107.67 – 1907 – 1928.88 – 1897.24 —
1979.540000000 – 1928.190000000 —
50.946686292685 – 42.32212350147 —
– —
1995.56 – 1771675200

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Inside Down – Double top chart pattern – –