ETH/USDT – 30M – SELL

And also a ‘Double bottom retreat down’ chart formation is existing. The chart shows ‘Double bottom retreat down’. which is a negative pattern signal. The pair is likely to go down.

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

A continuation of the downtrend down to the next support line at 4257.200000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 4415.610000000 could happen.
Consider stop-loss settings accordingly.

And also a ‘Three Inside Down’ candlestick chart pattern is existing. The candles form ‘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 probability of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

4415.610000000 – 4379.550000000 – 4454.400000000 – 4257.200000000 – 4265.000000000 – 4430.000000000 — 55.052008957779 – 48.536093017867

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Inside Down – Double bottom retreat down – –