ETH/USDT – 1H – SELL

The currency pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline down.

A continuation of the bearish trend down to the next support at 1652.09 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 1693.59 should be noted.
Consider stop-loss settings accordingly.

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

There is also a ‘Matching Low’ candle chart pattern is discovered. The chart forms ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1693.59 – 1667.96 – 1714.5 – 1652.09 – 1603.44 – 1606.01 —
1683.350000000 – 1678.100000000 —
54.964572254195 – 50.651717734452 —
– —
1693.59 – 1781197200

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