ETH/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline downwards

The bearish trend downwards to the next support at 2309.24 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 2399.5 could occur.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

There is also a ‘Two Crows’ candlestick chart pattern is detected. The candles form ‘Two Crows’. 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 likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

2399.5 – 2398.93 – 2343.6 – 2309.24 – 2297.59 – 2220.36 —
2387.000000000 – 2380.870000000 —
56.587887971797 – 53.726944064156 —
– —
2399.5 – 1777986000

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –