ETH/USDT – 30M – SELL

Moreover a ‘Double top chart pattern’ chart layout is discovered. The chart shows ‘Double top chart pattern’. this is a bearish signal. The currency pair is likely to fall.

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

A continuation of the downward movement downwards to the next support line at 3655.190000000 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 3764.200000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘RSI fall below 30’ indicator signal is existing. The indicator shows ‘RSI fall below 30’. which is often a bearish chart scenario. The pair is likely to go down.

Moreover a ‘Tweezers Top’ candle pattern is existing. The chart shows ‘Tweezers Top’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

3764.200000000 – 3748.900000000 – 3798.650000000 – 3655.190000000 – 3616.540000000 – 3719.000000000

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Tweezers Top – Double top chart pattern –