ETH/USDT – 30M – SELL

In addition a ‘Double top chart pattern’ chart formation is found. The chart shows ‘Double top chart pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

The pair Ethereum/Tether (ETH/USDT) jumps from the descending trendline downwards

A continuation of the downtrend downwards to the next support level at 2920 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 3002 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ” indicator signal is detected. The indicator is ”. this is usually a bearish chart scenario. The currency pair is likely to fall.

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In addition a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Three Outside Down’ candlestick chart pattern is detected. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

3002 – 3236.26 – 3368.82 – 2920 – 3085.17 – 3165.38 —
2982.650000000 – 2971.660000000 —
39.289678953917 – 43.577372227815 —
– —
3002.00000 – 1768973400

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Down – Double top chart pattern – –