ETH/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 3042.930000000 will continue.

Caution: A possible change in the direction of the resistance line at 3124.200000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 3078.64528 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 3124.200000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. this is a bearish chart scenario. 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%.

Download ETH/USDT Signal Image

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