ETH/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1752.22 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 1849.54 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Matching Low’ chart pattern is existing. The chart forms ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1849.54 – 1733.04 – 1697.28 – 1712.17 – 1654.9 – 1671.44 —
1831.930000000 – 1818.340000000 —
75.579449119434 – 59.481542659207 —
– —
1849.54 – 1781537400

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –