ETH/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 2866.11 will persist.

Caution: A possible change in the direction of resistance at 3069.07 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Two Crows’ candle pattern is found. The candles form ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

3069.07 – 3002 – 3236.26 – 2866.11 – 2920 – 3085.17 —
3030.820000000 – 3024.180000000 —
54.464036035348 – 54.274220085694 —
– —
3069.07000 – 1769023800

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