ETH/USDT – 1H – SELL

The combination Ethereum/Tether (ETH/USDT) jumps from the descending trendline downwards

A continuation of the bearish trend downwards to the next support line at 4430.000000000 is expected.

Caution: A possible change in the direction of the resistance line at 4633.970000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.

Then a ‘Three Black Crows’ chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The 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’ going down is 82%.

4633.970000000 – 4663.930000000 – 4956.780000000 – 4430.000000000 – 4467.630000000 – 4311.040000000 — 39.868742887358 – 36.622986404533

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Double bottom retreat down – –