Sell ETH/USDT – 4H – SELL

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

A bearish movement downwards to the next support at is considered certain.

Caution: A possible trend reversal in the direction of resistance at 4644.470000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.

Then a ‘Three Black Crows’ chart pattern is discovered. The chart shows ‘Three Black Crows’. 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 Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 4956.780000000
2nd High 4769.360000000
Next High 4644.470000000
Current Price 4484.570000000
Next Low
2nd Low
3rd Low

4644.470000000 – 4769.360000000 – 4384.060000000 – 4412.000000000 – 4236.000000000 – 4210.610000000 — 44.66913311141 – 40.895721763106

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