ETH/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The combination Ethereum/Tether (ETH/USDT) jumps from the bullish trendline downwards

A descending movement downwards to the next support level at will continue.

Caution: A possible counter-trend in the direction of the resistance line at 2325.330000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

There is also a ‘Bearish Engulfing’ candlestick chart pattern is discovered. The chart forms ‘Bearish Engulfing’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.

2325.330000000 – 2321.22 – 2423.74 – 2265.61 – 2313.89 – 2354.34 —
2325.330000000 – 2315.560000000 —
52.220420558978 – 53.212410443373 —
2325.330000000 – 1778299200 —
– 1778299200

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –