ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) goes from the bearish trendline downwards

A continuation of the downtrend downwards to the next support level at 4444.340000000 will continue.

Caution: A possible counter-trend in the direction of resistance at 4492.240000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The pair is likely to go down.

Then a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Then a ‘Two Crows’ candle chart pattern is existing. The chart forms ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

4492.240000000 – 4508.710000000 – 4484.810000000 – 4444.340000000 – 4458.000000000 – 4456.430000000 — 52.248827814877 – 48.743725353972

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – – –