ETH/USDT – 4H – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

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

A bearish trend downwards to the next support level at 3502.850000000 is likely expected.

Caution: A possible change in the direction of the resistance zone at 3886.440000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘RSI cross above 30’ indicator layout is detected. The indicator shows ‘RSI cross above 30’. this is usually a bullish chart signal. The pair is likely to go up.

Furthermore a ‘Three Black Crows’ candle pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

3886.440000000 – 3771.000000000 – 3860.000000000 – 3502.850000000 – 2932.460000000 – 2474.240000000 — 41.558295488918 – 39.496813125513

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –