Sell ETH/USDT – 30M – SELL

The currency pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline down.

A bearish trend downwards to the next support level at 4284.630000000 will persist.

Caution: A possible counter-trend in the direction of the resistance line at 4384.060000000 should always be considered.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The pair is likely to go down.

In addition a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

In addition a ‘Two Crows’ candle pattern is existing. The chart forms ‘Two Crows’. which is a negative signal. The pair is likely to go down. 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 4490.640000000
2nd High 4490.000000000
Next High 4384.060000000
Current Price 4293.000000000
Next Low 4284.630000000
2nd Low 4270.810000000
3rd Low 4236.000000000

4384.060000000 – 4336.020000000 – 4311.230000000 – 4284.630000000 – 4270.810000000 – 4276.760000000 — 45.207324873441 – 40.862190999019

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