ETH/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 2375.005 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 2464.91 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Outside Down’ chart pattern is discovered. The candles show ‘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 probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

2464.91 – 2364.68 – 2351.8 – 2317.43 – 2285.1 – 2345.04 —
2429.560000000 – 2444.340000000 —
59.631857185905 – 62.644019145166 —
– —
2464.91 – 1776443400

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