Sell ETH/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 4456.430000000 is considered certain.

Caution: A possible change in the direction of the resistance level at 4508.710000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

In addition a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Three Black Crows’ candle chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a negative 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’ heading down is 82%.

Support & Resistance Price Range*
3rd High 4620.720000000
2nd High 4544.440000000
Next High 4508.710000000
Current Price 4475.870000000
Next Low 4456.430000000
2nd Low 4435.700000000
3rd Low 4412.000000000

4508.710000000 – 4484.810000000 – 4544.440000000 – 4456.430000000 – 4435.700000000 – 4558.150000000 — 49.08897552766 – 45.807127832778

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