ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) goes from the ascending trendline down.

A descent down to the next support line at 3731.000000000 will continue.

Caution: A possible trend reversal in the direction of resistance at 3793.000000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘RSI fall below 70’ indicator layout is discovered. The indicator shows ‘RSI fall below 70’. which could be a positive signal. The currency pair could go up.

And also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend 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 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

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

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