ETH/USDT – 30M – SELLThe combination Ethereum/Tether (ETH/USDT) jumps from the bullish trendline downwards
A descent downwards to the next support line at will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 3301.6 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.
Besides a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair could go down.
Besides a ‘Three Outside Down’ chart pattern is existing. The chart shows ‘Three Outside Down’. 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 probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3565.84 |
| 2nd High | 3308.86 |
| Next High | 3301.6 |
| Current Price | 3194.110000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3301.6 – 3308.86 – 3253.76 – 3183.27 – 3203.34 – 3126 — 39.987064663127 – 34.810518716768 — 48.246244396537 – 41.638298252145 – 46.469675712053 – 45.938085182019
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –