Sell ETH/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish trend down to the next support level at 4153.070000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 4349.810000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI fall below 80’ indicator layout is existing. The indicator shows ‘StochRSI fall below 80’. which could be a negative signal. The currency pair could go down.

There is also a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 4349.810000000
Current Price 4267.990000000
Next Low 4153.070000000
2nd Low 3546.000000000
3rd Low 3502.850000000

4349.810000000 – 4332.600000000 – 3694.060000000 – 4153.070000000 – 3546.000000000 – 3565.000000000 — 56.645254700836 – 52.376666653482

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