ETH/USDT – 30M – SELL

Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1543.78756 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 1586.5 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Two Crows’ candlestick chart pattern is existing. The candles show ‘Two Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1586.5 – 1581.16 – 1660.54 – 1521.54 – 1512 – 1532.9 —
1571.400000000 – 1589.030000000 —
55.200297301507 – 60.490727266529 —
– —
1586.5 – 1782459000

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