ETH/USDT – 4H – SELL

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

A descent down to the next support level at 2474.240000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 3040.150000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 2821.08064 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 3040.150000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

3040.150000000 – 2635.500000000 – 2525.000000000 – 2474.240000000 – 2373.000000000 – 2382.530000000

Trading Signals: FOREX – ETH – ETH/USDT – USDT – – Rising Wedge Chart Pattern