ETH/USDT – 1H – SELL

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 1882.22004 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 2054.8 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Outside Down’ chart pattern is found. The candles form ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

2054.8 – 2148.39 – 1935.52 – 1835.36 – 1800 – 1847.46 —
1989.480000000 – 1997.530000000 —
54.939154113364 – 50.424968634148 —
– —
2054.8 – 1772330400

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