ETH/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support at is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 4956.780000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

Then a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

4956.780000000 – 4817.400000000 – 4887.590000000 – 4311.040000000 – 4207.390000000 – 4204.200000000 — 46.127903470184 – 44.597657596403

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