ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) goes from the bullish trendline downwards

A descending movement down to the next support at 3731.000000000 is certain.

Caution: A possible change in the direction of the resistance line at 3793.000000000 is also possible.
Consider stop-loss settings accordingly.

And also a ‘RSI cross above 70’ indicator layout is found. The indicator is ‘RSI cross above 70’. this is usually a bullish chart signal. The pair is likely to go up.

And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 3747.31984 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 3793.000000000 is also possible.
Consider stop-loss settings accordingly.

3793.000000000 – 3782.830000000 – 3767.130000000 – 3731.000000000 – 3709.390000000 – 3601.560000000 — 63.921736216703 – 57.301620392327

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double bottom chart pattern –