Sell ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) jumps from the bearish trendline down.

A continuation of the downward movement down to the next support line at will continue.

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

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

In addition a ‘Three Line Strike – Bearish’ candlestick pattern is discovered. The chart shows ‘Three Line Strike – Bearish’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bearish’ going down is 84% (Bull Market).

Support & Resistance Price Range*
3rd High 2475.98
2nd High 2396.62
Next High 2359.88
Current Price 2315.770000000
Next Low
2nd Low
3rd Low

2359.88 – 2396.62 – 2475.98 – 2284.48 – 2313.33 – 2157.14 —
2350.710000000 – 2333.100000000 —
50.381306971511 – 47.706867188079 —
– —
2359.88000 – 1770080400

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