ETH/USDT – 30M – SELL

Next a ‘Double top chart pattern’ chart layout is detected. The chart picture shows ‘Double top chart pattern’. this is a bearish signal. The currency pair is likely to go down.

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

A continuation of the downtrend down to the next support level at 2975.3 is expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 3053.02 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.

Next a ‘RSI fall below 30’ indicator signal is found. The indicator shows ‘RSI fall below 30’. which could be a negative signal. The currency pair is likely to fall.

Next a ‘%K fall below 80’ indicator signal is found. The indicator shows ‘%K fall below 80’. which could be a negative signal. The currency pair is likely to fall.

Next a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.

Next a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

3053.02 – 3012.29 – 3014.09 – 2975.3 – 2961.91 – 2986.09 — 33.108356491597 – 16.214520335842 — 14.21096259455 – 0 – 19.641603057829 – 12.189295294673

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