ETH/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

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

A continuation of the bearish trend downwards to the next support level at 1968.68 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 2039.05 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Then a ‘Evening Star’ candle pattern is found. The candles show ‘Evening Star’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Evening Star’ heading down is 72% (Bull & Bear Market).

2039.05 – 2015.33 – 2008.58 – 1968.68 – 1941.66 – 1937.24 —
1989.930000000 – 1993.590000000 —
39.41305103328 – 45.082483275466 —
– —
2039.05 – 1771401600

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