ETH/USDT – 1H – SELL

And also a ‘Triple top chart pattern’ chart formation is discovered. The chart shows ‘Triple top chart pattern’. this is a bearish signal. The pair is likely to go down.

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

A descent down to the next support at 3599.440000000 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 3878.670000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘RSI fall below 70’ indicator layout is detected. The indicator is ‘RSI fall below 70’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘Bearish Harami’ candlestick chart pattern is detected. The candles form ‘Bearish Harami’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

3878.670000000 – 3834.030000000 – 3886.440000000 – 3677.650000000 – 3716.040000000 – 3709.390000000 — 37.253421458549 – 34.692830254673

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Harami – Triple top chart pattern – –