ETH/USDT – 30M – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart layout is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

The currency pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline downwards

A descent downwards to the next support at 4690.720000000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 4817.400000000 could be enabled.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.

In addition a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

In addition a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

4817.400000000 – 4768.900000000 – 4887.590000000 – 4690.720000000 – 4659.700000000 – 4207.390000000 — 43.724229576819 – 41.004886623654

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –