ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) moves from the bullish trendline down.

A descent down to the next support at 3348.720000000 is considered certain.

Caution: A possible change in the direction of resistance at 3546.660000000 should always be considered.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 3338.16564 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 3546.660000000 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Download ETH/USDT Signal Image

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