ETH/USDT – 1H – SELL

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

The bearish trend downwards to the next support level at 3677.650000000 is certain.

Caution: A possible change in the direction of the resistance line at 3878.670000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘RSI fall below 30’ indicator layout is discovered. The indicator is ‘RSI fall below 30’. which is often a bearish chart signal. The pair is likely to go down.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Additionally a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish 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%.

3878.670000000 – 3834.030000000 – 3886.440000000 – 3677.650000000 – 3716.040000000 – 3709.390000000 — 29.595598797423 – 28.105843911488

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –