ETH/USDT – 30M – SELL

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

A bearish movement downwards to the next support level at 3731.000000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 3793.000000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘RSI cross above 30’ indicator signal is existing. The indicator is ‘RSI cross above 30’. which is often a bullish chart signal. The currency pair could go up.

And also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which could be a negative 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. Current target is 3747.31984 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 3793.000000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

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

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – –