ETH/USDT – 30M – SELL

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

A descending movement down to the next support line at 1692.13 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 1725 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Two Crows’ candlestick chart pattern is existing. The chart shows ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1725 – 1646.26 – 1631 – 1692.13 – 1614.32 – 1602.43 —
1748.000000000 – 1740.290000000 —
78.812842221315 – 60.310918285243 —
– —
1725 – 1783000800

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –