ETH/USDT – 4H – SELL

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 2375.74996 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 2423.74 could be enabled.
Consider stop-loss settings accordingly.

Additionally a ‘Bearish SBS White Lines’ candlestick pattern is discovered. The chart forms ‘Bearish SBS White Lines’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

2423.74 – 2346.95 – 2404.37 – 2265.61 – 2220.36 – 2285.42 —
2321.220000000 – 2333.470000000 —
47.109618331517 – 50.619071593993 —
– —
2423.74 – 1778054400

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish SBS White Lines – – –