ETH/USDT – 1H – SELL

There is also a ‘Triple top chart pattern’ chart layout is detected. The formation shows ‘Triple top chart pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

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

A bearish movement downwards to the next support line at 3599.440000000 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 3878.670000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘RSI fall below 30’ indicator layout is discovered. The indicator shows ‘RSI fall below 30’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 3599.44 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 3878.670000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative 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 ‘Three Black Crows’ heading down is 82%.

3878.670000000 – 3834.030000000 – 3886.440000000 – 3677.650000000 – 3716.040000000 – 3709.390000000 — 23.06001607279 – 19.046730792279

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Triple top chart pattern –