ETH/USDT – 30M – SELL

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 1902.34842 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 2054.8 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three Outside Down’ candle chart pattern is detected. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

2054.8 – 1937.17 – 2082.81 – 1835.36 – 1887 – 1907.48 —
1985.930000000 – 2009.380000000 —
46.496306481687 – 56.615088155918 —
– —
2054.8 – 1772330400

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –