ETH/USDT – 1H – SELL

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

The bearish trend down to the next support at 2309.24 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 2398.93 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Two Crows’ candlestick pattern is found. The candles form ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

2398.93 – 2343.6 – 2325.28 – 2309.24 – 2297.59 – 2220.36 —
2369.890000000 – 2379.520000000 —
47.653004418022 – 57.274297016684 —
– —
2398.93 – 1777867200

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – – –