ETH/USDT – 30M – SELL

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

A descending movement downwards to the next support level at 3599.440000000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 3747.000000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Besides a ‘Three Outside Down’ candlestick pattern is found. The chart forms ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

3747.000000000 – 3771.000000000 – 3665.310000000 – 3599.440000000 – 3502.850000000 – 3527.000000000 — 43.059482298764 – 42.268361520344

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Down – –