ETH/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 3020.79 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 3236.26 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Last Engulfing Bottom:’ candle chart pattern is found. The candles form ‘Last Engulfing Bottom:’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).

3236.26 – 3368.82 – 3319.5 – 3085.17 – 3165.38 – 3202.85 —
3113.100000000 – 3049.910000000 —
32.73554972985 – 17.759962808625 —
– —
3236.26000 – 1768825800

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Last Engulfing Bottom: – – –