ETH/USDT – 1H – SELL

The combination Ethereum/Tether (ETH/USDT) jumps from the bearish trendline down.

A continuation of the bearish trend down to the next support at 2284.19 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 2423.75 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.

Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

2423.75 – 2338.75 – 2346.78 – 2284.19 – 2252.72 – 2300 —
2339.910000000 – 2335.760000000 —
30.985535390764 – 40.158152663652 —
– —
2423.75 – 1776866400

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