ETH/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 4257.850000000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 4416.780000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.

Besides a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Besides a ‘Two Crows’ candle pattern is discovered. The candles form ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

4416.780000000 – 4491.840000000 – 4490.870000000 – 4257.850000000 – 4271.310000000 – 4210.610000000 — 50.104031433314 – 47.717913112202

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