ETH/USDT – 30M – SELL

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is certain. Target of the current trend is 2053.9838 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 2090 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Bearish Engulfing’ candlestick pattern is detected. The candles show ‘Bearish Engulfing’. 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 ‘Bearish Engulfing’ heading down is 79%.

2001.63 – 2014.12 – 2058.59 – 1945.08 – 1929.56 – 1939.1 —
1971.830000000 – 2089.550000000 —
46.913506701445 – 78.998802550451 —
– —
2001.63 – 1772578800

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing – – –