ETH/USDT – 30M – SELL

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

A descent down to the next support line at 1937.24 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 2039.05 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Also there is a ‘Shooting Star’ candle pattern is discovered. The candles form ‘Shooting Star’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Shooting Star’ heading down is 59% (Bull Market) & 60% (Bear Market).

2039.05 – 2015.33 – 2008.58 – 1968.68 – 1941.66 – 1937.24 —
2010.300000000 – 1961.570000000 —
47.2997158729 – 31.8512929757 —
– —
2039.05 – 1771401600

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Shooting Star – Rising Wedge Chart Pattern – –