ETH/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support line at 1922.97 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 1973.86 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.

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

Next a ‘Matching Low’ candlestick pattern is detected. The chart shows ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1973.86 – 1964.54 – 1987.55 – 1922.97 – 1931.01 – 1907 —
1967.100000000 – 1978.150000000 —
57.684748137971 – 53.413959917764 —
– —
1973.86 – 1771581600

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Matching Low – – –