ETH/USDT – 30M – SELL

The currency pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline down.

A bearish trend down to the next support level at will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 1810.21 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.

Next a ‘Three Outside Down’ candle chart pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

1810.21 – 1839.77 – 1849.54 – 1778.99 – 1763.36 – 1758 —
1795.590000000 – 1792.620000000 —
48.356118991711 – 47.465591011859 —
– —
1810.21 – 1781661600

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Down – – –