ETH/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support level at 2105.150000000 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 2157.5 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

Next a ‘StochOSC Hidden Bearish Divergence’ indicator layout is detected. The indicator is ‘StochOSC Hidden Bearish Divergence’. which could be a negative signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 2117.365 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 2157.5 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

2157.5 – 2149 – 2146.95 – 2105.150000000 – 2105.15 – 2094.47 —
2124.090000000 – 2143.460000000 —
43.761098642216 – 53.668106743932 —
2105.150000000 – 1779368400 —
2157.5 – 1779325200

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