ETH/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

The combination Ethereum/Tether (ETH/USDT) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support at 4334.400000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 4491.460000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Additionally a ‘Two Crows’ candlestick chart pattern is detected. The candles show ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

4491.460000000 – 4415.610000000 – 4379.550000000 – 4334.400000000 – 4332.150000000 – 4257.200000000 — 59.584062177482 – 58.121361255401

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