ETH/USDT – 4H – SELL

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.

Besides a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. 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 2148.39 is also possible.
Consider stop-loss settings accordingly.

Besides a ‘Three Outside Down’ candle chart pattern is found. The chart forms ‘Three Outside Down’. 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 chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

2148.39 – 1995.56 – 2039.05 – 1835.36 – 1800 – 1907 —
1881.000000000 – 2028.000000000 —
35.478697192785 – 55.505238624286 —
– —
2148.39 – 1772049600

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