ETH/USDT – 30M – SELL

Next a ‘Double top chart pattern’ chart formation is existing. The chart picture forms ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.

The pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline downwards

The bearish trend downwards to the next support level at 4464.000000000 will persist.

Caution: A possible change in the direction of the resistance line at 4557.670000000 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Next a ‘Collapsing Doji Star’ chart pattern is found. The candles form ‘Collapsing Doji Star’. this is a bearish pattern signal. The currency pair is likely to fall. 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).

4557.670000000 – 4538.250000000 – 4670.280000000 – 4464.000000000 – 4424.000000000 – 4487.530000000 — 44.177935548894 – 31.009877533287

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Collapsing Doji Star – Double top chart pattern – –