ETH/USDT – 30M – SELL

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

A bearish movement down to the next support at 1671.44 is certain.

Caution: A possible trend reversal in the direction of resistance at 1697.28 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Next a ‘Two Crows’ chart pattern is found. The candles form ‘Two Crows’. this 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 ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1697.28 – 1686.56 – 1675.9 – 1671.44 – 1662.2 – 1659.02 —
1680.630000000 – 1678.680000000 —
45.838672188966 – 48.069593101239 —
– —
1697.28 – 1781386200

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