ETH/USDT – 30M – SELLThe combination Ethereum/Tether (ETH/USDT) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 4334.400000000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 4491.460000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Collapsing Doji Star’ candle pattern is discovered. The chart shows ‘Collapsing Doji Star’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4633.970000000 |
| 2nd High | 4516.750000000 |
| Next High | 4491.460000000 |
| Current Price | 4464.590000000 |
| Next Low | 4334.400000000 |
| 2nd Low | 4332.150000000 |
| 3rd Low | 4257.200000000 |
4491.460000000 – 4415.610000000 – 4379.550000000 – 4334.400000000 – 4332.150000000 – 4257.200000000 — 65.53787103199 – 62.180223136532
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Collapsing Doji Star – Inverse Head and Shoulder chart pattern – –