ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) goes from the bearish trendline down.

A continuation of the downtrend downwards to the next support line at 3277.04 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 3318.610000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘%K crosses below %D’ indicator layout is existing. The indicator is ‘%K crosses below %D’. which could be a negative chart scenario. The pair is likely to go down.

Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Then a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

3318.610000000 – 3319.97 – 3326.79 – 3277.04 – 3273.72 – 3278 — 40.39971609966 – 36.569866865024 — 50.123540404611 – 42.215700292233 – 45.061519358844 – 45.85418469604

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – – –