ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) jumps from the descending trendline downwards

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

Caution: A possible reversal of the trend in the direction of the resistance zone at 1979.8 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.

There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a negative chart signal. The currency pair could go down.

There is also a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.

There is also a ‘Bearish Belt Hold’ chart pattern is discovered. The candles form ‘Bearish Belt Hold’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

1979.8 – 1977.35 – 1994.98 – 1925.06 – 1930 – 1948.09 —
1963.330000000 – 1948.960000000 —
57.189845971103 – 47.27831113737 —
– —
1979.8 – 1772964000

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Belt Hold – – –