ETH/USDT – 4H – SELL

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

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

Caution: A possible change in the direction of resistance at 3402.89 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

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

Then a ‘Shooting Star’ candlestick pattern is existing. The candles form ‘Shooting Star’. 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 likelyhood of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).

3402.89 – 3057.78 – 3077.39 – 3253.01 – 3065.55 – 3054.65 —
3347.750000000 – 3227.170000000 —
59.239625330572 – 40.429908876303 —
– —
3402.89000 – 1768406400

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Shooting Star – Double top retreat up – –