Sell ETH/USDT – 1H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

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

A bearish descent down to the next support level at 3502.850000000 will continue.

Caution: A possible change in the direction of the resistance zone at 3771.000000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High
2nd High 3860.000000000
Next High 3771.000000000
Current Price 3666.640000000
Next Low 3502.850000000
2nd Low 3477.580000000
3rd Low 2932.460000000

3771.000000000 – 3665.310000000 – 3764.200000000 – 3502.850000000 – 3616.540000000 – 3681.600000000 — 55.224617613366 – 48.225226407944

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