Sell ETH/USDT – 30M – SELL

And also a ‘Double bottom retreat down’ chart formation is detected. The formation shows ‘Double bottom retreat down’. this is a bearish pattern signal. The currency pair is likely to fall.

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

A continuation of the downtrend down to the next support line at 3601.560000000 is considered certain.

Caution: A possible change in the direction of resistance at 3747.000000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Collapsing Doji Star’ candlestick chart pattern is discovered. The chart forms ‘Collapsing Doji Star’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ going down is 63% (Bull Market).

Support & Resistance Price Range*
3rd High 3798.650000000
2nd High 3771.000000000
Next High 3747.000000000
Current Price 3738.810000000
Next Low 3601.560000000
2nd Low 3599.440000000
3rd Low 3502.850000000

3747.000000000 – 3771.000000000 – 3665.310000000 – 3601.560000000 – 3599.440000000 – 3502.850000000 — 62.717888533637 – 58.309028542413

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