Sell ETH/USDT – 30M – SELL

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

A descending movement downwards to the next support at is certain.

Caution: A possible change in the direction of resistance at 1810.21 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The pair is likely to go down.

Moreover a ‘Two Crows’ candlestick pattern is found. The candles show ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 1849.54
2nd High 1839.77
Next High 1810.21
Current Price 1772.300000000
Next Low
2nd Low
3rd Low

1810.21 – 1839.77 – 1849.54 – 1778.99 – 1763.36 – 1758 —
1797.490000000 – 1777.780000000 —
50.441285849696 – 39.998780208698 —
– —
1810.21 – 1781661600

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