Sell ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) moves from the descending trendline down.

A continuation of the downtrend down to the next support line at 3265.770000000 will continue.

Caution: A possible change in the direction of the resistance zone at 3346.000000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 3208.2 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 3346.000000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Bearish Harami’ candlestick pattern is detected. The candles show ‘Bearish Harami’. 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 chance of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 3700.860000000
2nd High 3386.360000000
Next High 3346.000000000
Current Price 3298.500000000
Next Low 3265.770000000
2nd Low 3208.200000000
3rd Low 3032.590000000

Download ETH/USDT Signal Image

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