ETH/USDT – 30M – SELL

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

A bearish trend down to the next support level at 3264.840000000 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 3450.000000000 should be noted.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 3265.05 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 3450.000000000 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Download ETH/USDT Signal Image

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows