ETH/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at is considered certain.

Caution: A possible change in the direction of the resistance line at 3171.49 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Next a ‘Two Crows’ chart pattern is existing. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

3171.49 – 3147.27 – 3104.12 – 3101.480000000 – 3092.59 – 3078.71 — 43.31898556962 – 39.997149528806 — 25.428093515181 – 24.598650566273 – 20.621559324224 – 24.4544102565

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