ETH/USDT – 30M – SELL

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

A bearish descent downwards to the next support at 3677.650000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 3878.670000000 could be enabled.
Consider stop-loss settings accordingly.

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

Also there is a ‘Three Black Crows’ candle chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative 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 – 3832.000000000 – 3834.030000000 – 3677.650000000 – 3744.160000000 – 3716.040000000 — 22.625634672053 – 21.220594977787

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