ETH/USDT – 1H – SELL

The currency pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline down.

A continuation of the bearish trend down to the next support level at 4430.000000000 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 4633.970000000 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘Three Outside Down’ chart pattern is discovered. The chart forms ‘Three Outside Down’. which is a negative 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’ going down is 69% (Bull Market) & 70% (Bear Market).

4633.970000000 – 4663.930000000 – 4956.780000000 – 4430.000000000 – 4467.630000000 – 4311.040000000 — 43.09395088784 – 42.228663371104

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