ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) moves from the descending trendline downwards

A continuation of the downward movement downwards to the next support at 2262.15 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 2359.88 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.

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

Besides a ‘Last Engulfing Top’ candlestick chart pattern is discovered. The candles show ‘Last Engulfing Top’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

2359.88 – 2396.62 – 2475.98 – 2262.15 – 2284.48 – 2313.33 —
2244.580000000 – 2343.820000000 —
29.766626759451 – 56.565371920431 —
– —
2359.88 – 1770080400

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Last Engulfing Top – Symmetrical Triangle Chart Pattern – –