ETH/USDT – 30M – SELL

And also a ‘Double bottom retreat down’ chart pattern is existing. The chart picture forms ‘Double bottom retreat down’. which is a negative chart scenario. The currency pair is likely to go down.

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

A descending movement down to the next support level at 4284.630000000 is expected.

Caution: A possible change in the direction of the resistance line at 4336.020000000 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

And also a ‘Bearish Engulfing’ candlestick chart pattern is detected. The chart shows ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.

4336.020000000 – 4311.230000000 – 4315.350000000 – 4284.630000000 – 4270.810000000 – 4276.760000000 — 62.603139673174 – 53.713772093541

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing – Double bottom retreat down – –