ETH/USDT – 1H – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart formation is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

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

A bearish descent down to the next support line at is expected.

Caution: A possible counter-trend in the direction of the resistance level at 4788.000000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

4788.000000000 – 4366.460000000 – 4349.810000000 – 4451.330000000 – 4256.920000000 – 4166.770000000 — 32.954683287797 – 31.468366299795

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –