ETH/USDT – 30M – SELL

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

A bearish descent down to the next support at 3601.560000000 is certain.

Caution: A possible change in the direction of the resistance zone at 3878.670000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘RSI fall below 30’ indicator layout is detected. The indicator is ‘RSI fall below 30’. which is often a bearish chart signal. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. this is a bearish pattern signal. 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’ heading down is 82%.

3878.670000000 – 3832.000000000 – 3834.030000000 – 3677.650000000 – 3744.160000000 – 3716.040000000 — 33.429541511903 – 30.850543398645

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Double top chart pattern –