ETH/USDT – 30M – SELL

The currency pair Ethereum/Tether (ETH/USDT) jumps from the bearish trendline down.

A continuation of the downward movement down to the next support line at 3278 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 3402.89 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

In addition a ‘Three Black Crows’ candle pattern is found. The chart shows ‘Three Black 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 likelyhood of ‘Three Black Crows’ going down is 82%.

3402.89 – 3364.64 – 3367.79 – 3278 – 3280.48 – 3065.55 — 48.031864258175 – 44.332633968895 — 54.918429638985 – 24.95526786654 – 77.242242607427 – 55.3005246149

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