Sell ETH/USDT – 30M – SELL

The pair Ethereum/Tether (ETH/USDT) jumps from the descending trendline downwards

A continuation of the bearish trend downwards to the next support at 4444.340000000 is considered certain.

Caution: A possible change in the direction of resistance at 4498.160000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Two Crows’ candlestick pattern is discovered. The chart shows ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 4544.440000000
2nd High 4508.710000000
Next High 4498.160000000
Current Price 4444.970000000
Next Low 4444.340000000
2nd Low 4435.700000000
3rd Low 4412.000000000

4498.160000000 – 4492.240000000 – 4508.710000000 – 4444.340000000 – 4458.000000000 – 4456.430000000 — 37.473354403625 – 34.843240299295

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