Sell ETH/USDT – 30M – SELL

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

A bearish movement downwards to the next support line at 3601.560000000 will persist.

Caution: A possible change in the direction of resistance at 3767.130000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Additionally a ‘Three Inside Down’ candlestick chart pattern is found. The candles show ‘Three Inside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High 3798.650000000
2nd High 3771.000000000
Next High 3767.130000000
Current Price 3748.810000000
Next Low 3601.560000000
2nd Low 3599.440000000
3rd Low 3502.850000000

3767.130000000 – 3747.000000000 – 3771.000000000 – 3601.560000000 – 3599.440000000 – 3502.850000000 — 61.32940625894 – 55.227227140557

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