ETH/USDT – 30M – SELL

The currency pair Ethereum/Tether (ETH/USDT) moves from the descending trendline down.

A continuation of the bearish trend downwards to the next support line at 2245.82 is expected.

Caution: A possible counter-trend in the direction of the resistance line at 2275.13 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.

Also there is a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The pair is likely to go down.

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

Also there is a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

2275.13 – 2279 – 2346.95 – 2245.82 – 2231.64 – 2220.36 —
2259.530000000 – 2266.020000000 —
46.081853305848 – 53.06758500964 —
– —
2275.13 – 1777563000

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