ETH/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.

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

A descending movement downwards to the next support line at 4720.000000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 4727.0628 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Matching Low’ chart pattern is detected. The chart forms ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

4817.400000000 – 4768.900000000 – 4887.590000000 – 4720.000000000 – 4690.720000000 – 4659.700000000 — 48.699479007867 – 46.031725070465

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –