ETH/USDT – 1H – SELL

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

A descending movement down to the next support at 4256.920000000 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 4788.000000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Next a ‘Three Outside Down’ candle pattern is found. The chart shows ‘Three Outside Down’. this 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 probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

4788.000000000 – 4366.460000000 – 4349.810000000 – 4451.330000000 – 4256.920000000 – 4166.770000000 — 27.704240406288 – 26.615833681891

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –