ETH/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support line at 2278.98 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 2313.98 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.

Moreover a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish chart signal. The currency pair could go down.

Moreover a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Moreover a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

2313.98 – 2308.34 – 2325.28 – 2278.98 – 2252.42 – 2245.82 —
2313.810000000 – 2317.200000000 —
64.676542931984 – 52.065094292162 —
– —
2313.98 – 1777737600

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –