ETH/USDT – 30M – SELL

Moreover a ‘Double top retreat up’ chart layout is detected. The chart picture forms ‘Double top retreat up’. which is a positive chart scenario. The currency pair is likely to go up.

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

The bearish trend downwards to the next support level at 4186.160000000 is expected.

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

Moreover a ‘RSI cross above 30’ indicator signal is discovered. The indicator is ‘RSI cross above 30’. which is often a bullish signal. The currency pair could go up.

Moreover a ‘StochRSI cross above 20’ indicator signal is discovered. The indicator is ‘StochRSI cross above 20’. which is often a bullish signal. The currency pair could go up.

Moreover a ‘Concealing Baby Swallow’ candlestick chart pattern is discovered. The chart forms ‘Concealing Baby Swallow’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Concealing Baby Swallow’ heading down is 75% (Bull Market).

4349.810000000 – 4332.600000000 – 4246.650000000 – 4186.160000000 – 4153.070000000 – 4160.000000000 — 26.839704238665 – 29.015014031962

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Concealing Baby Swallow – Double top retreat up – –