ETH/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at 2076.68 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 2295.74 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.

Then a ‘Bearish Engulfing’ candle pattern is found. The chart shows ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

2295.74 – 2343.82 – 2359.88 – 2076.68 – 2110 – 2262.15 —
2162.210000000 – 2115.980000000 —
45.78085606877 – 36.746330102189 —
– —
2295.74 – 1770175800

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing – – –