ETH/USDT – 30M – SELL

The pair Ethereum/Tether (ETH/USDT) jumps from the descending trendline down.

A continuation of the bearish trend down to the next support at is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 2331.85 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

Additionally a ‘Collapsing Doji Star’ candle chart pattern is detected. The candles form ‘Collapsing Doji Star’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

2331.85 – 2338.79 – 2343.58 – 2301.61 – 2300.22 – 2285.42 —
2316.170000000 – 2321.360000000 —
45.971073585296 – 51.280100707351 —
– —
2331.85 – 1777032000

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Collapsing Doji Star – – –