ETH/USDT – 1H – SELL

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

A bearish movement down to the next support at 4256.030000000 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 4490.000000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Bearish Belt Hold’ candlestick pattern is found. The chart forms ‘Bearish Belt Hold’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

4490.000000000 – 4490.640000000 – 4416.780000000 – 4256.030000000 – 4265.330000000 – 4257.850000000 — 43.372950410887 – 37.332866930696

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – –