Sell ETH/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 1679.11 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 1712.06 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

There is also a ‘Two Crows’ candle pattern is discovered. The candles show ‘Two Crows’. which 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 success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 1762.99
2nd High 1719.51
Next High 1712.06
Current Price 1702.030000000
Next Low 1679.11
2nd Low 1671.79
3rd Low 1654.9

1712.06 – 1719.51 – 1762.99 – 1679.11 – 1682.35 – 1671.79 —
1702.220000000 – 1709.370000000 —
47.125950325295 – 58.007246831575 —
– —
1712.06 – 1781883000

Trading Signals:

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