ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) moves from the descending trendline down.
A continuation of the downtrend down to the next support level at 2037.22 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 2115 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Collapsing Doji Star’ chart pattern is found. The chart shows ‘Collapsing Doji Star’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2149.75 |
| 2nd High | 2119.46 |
| Next High | 2115 |
| Current Price | 2088.840000000 |
| Next Low | 2037.22 |
| 2nd Low | 2032.6 |
| 3rd Low | 1866.13 |
2115 – 2119.46 – 2093.94 – 2037.22 – 2032.6 – 1866.13 —
2107.560000000 – 2097.760000000 —
61.581590035232 – 58.593295047774 —
– —
2115 – 1770496200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Collapsing Doji Star – Symmetrical Triangle Chart Pattern – –