Sell ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) goes from the ascending trendline downwards

A bearish trend down to the next support at 3765.710000000 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 3905.000000000 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘Evening Star’ candlestick chart pattern is existing. The chart shows ‘Evening Star’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Evening Star’ going down is 72% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High 3905.000000000
Current Price 3897.910000000
Next Low 3765.710000000
2nd Low 3690.000000000
3rd Low 3500.000000000

Download ETH/USDT Signal Image

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