ETH/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support line at 4410.08 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 4558.000000000 could be enabled.
Consider stop-loss settings accordingly.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 4410.08 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support level at 4558.000000000 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Three Black Crows’ candle pattern is existing. The chart forms ‘Three Black 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 probability of ‘Three Black Crows’ going down is 82%.

4558.000000000 – 4755 – 4735.93 – 4410.08 – 4474 – 4441.34 — 44.272135762041 – 34.577550458953 — 62.153466673816 – 33.726562639641 – 74.628964317419 – 57.934592858717

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Double top chart pattern – –