ETH/USDT – 30M – SELL

The pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline down.

A continuation of the bearish trend down to the next support at 4576.890000000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 4692.360000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Bearish Belt Hold’ candlestick chart pattern is found. The chart shows ‘Bearish Belt Hold’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

4692.360000000 – 4769.360000000 – 4748.400000000 – 4576.890000000 – 4634.000000000 – 4605.000000000 — 47.538223107808 – 42.8869217981

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Belt Hold – Double top chart pattern – –