Sell ETH/USDT – 30M – SELL

The pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline downwards

The bearish trend downwards to the next support line at 2354.34 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 2423.75 should be noted.
Consider stop-loss settings accordingly.

And also a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

And also a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 2475.98
2nd High 2464.91
Next High 2423.75
Current Price 2368.510000000
Next Low 2354.34
2nd Low 2344.83
3rd Low 2314.25

2388.54 – 2399.5 – 2390.74 – 2354.34 – 2359.71 – 2366.76 —
2396.220000000 – 2412.200000000 —
62.877431634427 – 62.665241327338 —
– —
2388.54 – 1778014800

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