ETH/USDT – 30M – SELL

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

A descending movement downwards to the next support line at 3731.000000000 will continue.

Caution: A possible change in the direction of the resistance level at 3793.000000000 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘RSI fall below 70’ indicator layout is found. The indicator is ‘RSI fall below 70’. which could be a negative chart signal. The pair is likely to go down.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend will continue. Current target is 3747.31984 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 3793.000000000 should always be considered.
Consider stop-loss settings accordingly.

3793.000000000 – 3782.830000000 – 3767.130000000 – 3731.000000000 – 3709.390000000 – 3601.560000000 — 63.921736216703 – 57.301620392327

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double bottom retreat down –