ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) goes from the ascending trendline down.

A descent down to the next support level at 2007.17 is expected.

Caution: A possible counter-trend in the direction of the resistance level at 2085.58 could happen.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Besides a ‘Three Outside Down’ candlestick chart pattern is existing. The chart forms ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

2085.58 – 2088.19 – 2074 – 2007.17 – 2018 – 2008.65 —
2071.550000000 – 2058.160000000 —
56.502863481355 – 49.038570365505 —
– —
2085.58 – 1773248400

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