ETH/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at will persist.

Caution: A possible change in the direction of resistance at 3608.300000000 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.

Also there is a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

3608.300000000 – 3671.500000000 – 3673.840000000 – 3477.580000000 – 3361.200000000 – 3310.770000000

Trading Signals: FOREX – ETH – ETH/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern