ETH/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 1557.35 will persist.

Caution: A possible change in the direction of the resistance level at 1637.58 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘Three Black Crows’ candle pattern is detected. The candles show ‘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’ going down is 82%.

1637.58 – 1597.28 – 1589.75 – 1557.35 – 1548.37 – 1562.41 —
1623.000000000 – 1599.410000000 —
63.783838700913 – 44.489411541614 —
– —
1637.58 – 1782754200

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