ETH/USDT – 30M – SELL

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

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

Caution: A possible counter-trend in the direction of resistance at 3793.000000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘RSI fall below 30’ indicator signal is detected. The indicator is ‘RSI fall below 30’. this is usually a bullish chart signal. The currency pair could go up.

There is also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

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 counter-trend in the direction of the support line at 3793.000000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

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

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double bottom retreat down –