Sell ETH/USDT – 30M – SELL

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

A bearish trend downwards to the next support at 2008.62 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 2147.73 should be noted.
Consider stop-loss settings accordingly.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Three Outside Down’ candle pattern is found. The candles show ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 2295.74
2nd High 2152.03
Next High 2147.73
Current Price 2053.070000000
Next Low 2008.62
2nd Low 1866.13
3rd Low 1747.8

2147.73 – 2152.03 – 2145.26 – 2008.62 – 2055.01 – 2072.8 —
2120.200000000 – 2073.670000000 —
58.569565818983 – 40.268065692049 —
– —
2147.73 – 1770667200

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