ETH/USDT – 30M – SELL

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

The bearish trend down to the next support at 3731.000000000 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 3793.000000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘RSI fall below 70’ indicator layout is existing. The indicator shows ‘RSI fall below 70’. which could be a negative signal. The currency pair is likely to fall.

Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could 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 trend reversal in the direction of the support level at 3793.000000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

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

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Head and Shoulder chart pattern –