ETH/USDT – 30M – SELL

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 2131.48668 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 2333.62 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Matching Low’ candle chart pattern is found. The chart shows ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

2333.62 – 2350 – 2344.69 – 2153.21 – 2307 – 2086.34 —
2208.280000000 – 2229.720000000 —
43.834072608398 – 50.394621459275 —
– —
2333.62 – 1773826200

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –