ETH/USDT – 30M – SELL

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

A bearish descent downwards to the next support at 3529.760000000 is considered certain.

Caution: A possible change in the direction of resistance at 3642.190000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 3468.46 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 3642.190000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Download ETH/USDT Signal Image

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