ETH/USDT – 30M – SELL

The currency pair Ethereum/Tether (ETH/USDT) goes from the descending trendline downwards

A continuation of the bearish trend down to the next support level at 3744.160000000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 3834.030000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘RSI fall below 30’ indicator layout is found. The indicator is ‘RSI fall below 30’. this is usually a bearish chart signal. The currency pair is likely to fall.

Then a ‘Collapsing Doji Star’ candle chart pattern is existing. The chart forms ‘Collapsing Doji Star’. which is a bearish 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).

3834.030000000 – 3886.440000000 – 3793.000000000 – 3744.160000000 – 3716.040000000 – 3731.000000000 — 54.614010945994 – 36.652397137016

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