ETH/USDT – 30M – SELL

The currency pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline down.

A descent down to the next support line at 3731.000000000 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 3793.000000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 3747.31984 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 3793.000000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

3793.000000000 – 3782.830000000 – 3767.130000000 – 3731.000000000 – 3709.390000000 – 3601.560000000 — 63.921736216703 – 57.301620392327

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Symmetrical Triangle Chart Pattern –