ETH/USDT – 30M – SELL

The pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline downwards

A continuation of the downtrend down to the next support level at is considered certain.

Caution: A possible change in the direction of resistance at 3764.200000000 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The pair is likely to go down.

Also there is a ‘Matching Low’ candle chart pattern is found. The candles form ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).

3764.200000000 – 3748.900000000 – 3798.650000000 – 3655.190000000 – 3616.540000000 – 3719.000000000

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Matching Low – –