ETH/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support line at 1747.8 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 2119.46 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Two Crows’ candlestick pattern is existing. The candles show ‘Two Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

2119.46 – 2343.82 – 2396.62 – 1747.8 – 2076.68 – 2110 —
2090.010000000 – 2137.570000000 —
56.619645893646 – 64.293252186374 —
– —
2119.46 – 1770436800

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