ETH/USDT – 30M – SELL

Also there is a ‘Double top retreat up’ chart formation is detected. The formation shows ‘Double top retreat up’. which is a bullish signal. The pair is likely to go up.

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

A descending movement downwards to the next support level at 3277.04 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 3319.97 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘RSI cross above 30’ indicator signal is discovered. The indicator is ‘RSI cross above 30’. which could be a positive chart scenario. The currency pair could go up.

Also there is a ‘%K cross above 20’ indicator signal is discovered. The indicator is ‘%K cross above 20’. which could be a positive chart scenario. The currency pair could go up.

Also there is a ‘Bullish Engulfing’ candle chart pattern is discovered. The candles form ‘Bullish Engulfing’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.

3319.97 – 3326.79 – 3384.19 – 3277.04 – 3273.72 – 3278 — 29.342071121624 – 39.074459464555 — 0 – 12.437243267914 – 28.750591575958 – 15.256858867083

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bullish Engulfing – Double top retreat up – –