ETH/USDT – 1H – SELL

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

A bearish trend down to the next support at 2008.65 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 2088.19 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.

Then a ‘Three Outside Down’ candlestick pattern is existing. The chart shows ‘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 likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

2088.19 – 1979.8 – 1996.04 – 2008.65 – 1989.12 – 1916.14 —
2085.190000000 – 2041.710000000 —
60.687129342719 – 49.369832023727 —
– —
2088.19 – 1773158400

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –