ETH/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

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

A descent down to the next support line at 2099.38 is expected.

Caution: A possible change in the direction of the resistance zone at 2233.72 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.

Also there is a ‘StochOSC Hidden Bearish Divergence’ indicator signal is existing. The indicator shows ‘StochOSC Hidden Bearish Divergence’. which could be a negative chart signal. The currency pair could go down.

Also there is a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 2099.38 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 2233.72 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Southern Doji’ candlestick pattern is discovered. The candles form ‘Southern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

2160.78 – 2156.92 – 2233.72 – 2099.38 – 2143.14 – 2153.21 —
2151.920000000 – 2167.760000000 —
47.814224842734 – 61.278081187795 —
– —
2160.78 – 1773970200

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern – –