ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) goes from the ascending trendline down.

A descending movement down to the next support level at 3565.000000000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 3694.060000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘RSI fall below 30’ indicator layout is detected. The indicator is ‘RSI fall below 30’. this is usually a bearish chart scenario. The currency pair could go down.

Next a ‘Southern Doji’ chart pattern is found. The candles show ‘Southern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

3694.060000000 – 3878.670000000 – 3832.000000000 – 3565.000000000 – 3677.650000000 – 3744.160000000 — 35.489799152608 – 35.342926572392

Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Southern Doji – – –