ETH/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

The combination Ethereum/Tether (ETH/USDT) jumps from the bullish trendline downwards

A bearish descent down to the next support at 2985.78 is certain.

Caution: A possible change in the direction of the resistance line at 3099 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Outside Down’ candle chart pattern is detected. The chart shows ‘Three Outside Down’. 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 probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

3099 – 3044.44 – 3071.37 – 2985.78 – 2888.69 – 2857.32 — 48.877749995059 – 46.457381489154 — 10.191916254725 – 6.033730735679 – 10.785596588155 – 9.0538270168977

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –