Sell ETH/USDT – 1H – SELL

The currency pair Ethereum/Tether (ETH/USDT) moves from the descending trendline downwards

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

Caution: A possible trend reversal in the direction of the resistance line at 2038 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 2096.71
2nd High 2046.59
Next High 2038
Current Price 1999.990000000
Next Low
2nd Low
3rd Low

2038 – 2032 – 2046.59 – 1976.48 – 1967 – 2055.06 —
2002.490000000 – 2017.890000000 —
31.510426788776 – 48.717133397848 —
– —
2038 – 1780192800

Trading Signals:

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