ETH/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at 2250 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 2475.98 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 2250 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 2475.98 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Two Crows’ candle chart pattern is found. The chart shows ‘Two Crows’. which is a negative pattern 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).

2475.98 – 2768.78 – 2828.65 – 2250 – 2609.85 – 2636.01 —
2461.810000000 – 2440.000000000 —
43.334518931272 – 38.585739543082 —
– —
2475.98000 – 1769904000

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – – –