ETH/USDT – 1H – SELL

The currency pair Ethereum/Tether (ETH/USDT) moves from the bearish trendline downwards

A continuation of the downtrend downwards to the next support at 4225.860000000 is likely expected.

Caution: A possible change in the direction of the resistance line at 4576.000000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair is likely to fall.

Furthermore a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Furthermore a ‘Two Crows’ chart pattern is existing. The chart shows ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

4576.000000000 – 4672.670000000 – 4788.000000000 – 4225.860000000 – 4372.540000000 – 4368.000000000 — 49.279818607754 – 46.275953446387

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