ETH/USDT – 4H – SELL

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

A continuation of the downtrend downwards to the next support level at will continue.

Caution: A possible counter-trend in the direction of the resistance line at 2346.95 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 2272.6937 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 2346.95 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

2346.95 – 2404.37 – 2423.75 – 2220.36 – 2285.42 – 2252.72 —
2380.870000000 – 2346.890000000 —
59.891022542614 – 49.03185215695 —
– —
2346.95 – 1777449600

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