ETH/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 1924.72 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 2098.89 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Outside Down’ candlestick pattern is discovered. The candles form ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

2098.89 – 2107.67 – 2073.68 – 1924.72 – 1897.24 – 1903.19 —
2063.650000000 – 2094.410000000 —
36.233571763326 – 59.997121970062 —
– —
2098.89 – 1771102800

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Down – – –