ETH/USDT – 30M – SELL

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

In addition a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2110.805 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 2198.57 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Bearish Engulfing’ chart pattern is found. The chart forms ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

2198.57 – 2157 – 2168.27 – 2023.04 – 2026 – 2066.97 —
2158.540000000 – 2163.800000000 —
59.398514456113 – 57.47761839747 —
– —
2198.57 – 1774263600

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