ETH/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 2023.04 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 2198.57 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.

Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 2110.805 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 2198.57 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

2198.57 – 2157 – 2168.27 – 2023.04 – 2026 – 2066.97 —
2179.810000000 – 2188.090000000 —
66.330313570451 – 65.124989130957 —
– —
2198.57 – 1774263600

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – – –