ETH/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

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

A descent down to the next support level at 2985.78 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 3099 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Inside Down’ candle chart pattern is discovered. The candles form ‘Three Inside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

3099 – 3044.44 – 3071.37 – 2985.78 – 2888.69 – 2857.32 — 49.867623148494 – 42.623045074918 — 25.324706108996 – 25.324706108996 – 14.860458968853 – 21.258418807577

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern – –