ETH/USDT – 30M – SELL

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

The bearish trend downwards to the next support level at 2121.25 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 2176.84 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Bearish Belt Hold’ candle chart pattern is detected. The chart forms ‘Bearish Belt Hold’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

2176.84 – 2160.78 – 2156.92 – 2121.25 – 2099.38 – 2143.14 —
2146.800000000 – 2141.160000000 —
40.379004525142 – 44.076715974189 —
– —
2176.84 – 1773993600

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Belt Hold – – –