Sell ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) jumps from the bearish trendline down.

A continuation of the downward movement down to the next support line at is expected.

Caution: A possible counter-trend in the direction of resistance at 4328.370000000 could occur.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Two Crows’ candlestick chart pattern is discovered. The candles show ‘Two Crows’. 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 probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 4388.650000000
2nd High 4378.000000000
Next High 4328.370000000
Current Price 4281.230000000
Next Low
2nd Low
3rd Low

4328.370000000 – 4378.000000000 – 4242.000000000 – 4204.200000000 – 4106.370000000 – 4060.000000000 — 54.42505318414 – 54.409436004005

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