ETH/USDT – 30M – SELL

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

A bearish trend downwards to the next support at 4153.170000000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 4246.650000000 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘RSI fall below 70’ indicator layout is discovered. The indicator shows ‘RSI fall below 70’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘Bearish Engulfing’ candlestick pattern is discovered. The candles form ‘Bearish Engulfing’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.

4246.650000000 – 3716.610000000 – 3698.600000000 – 4153.170000000 – 3647.630000000 – 3574.050000000 — 77.710465642655 – 64.822268307969

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Engulfing – Triple bottom chart pattern – –