ETH/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support at 4265.330000000 is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 4482.050000000 could happen.
Consider stop-loss settings accordingly.

And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 4265.33 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 4482.050000000 could happen.
Consider stop-loss settings accordingly.

And also a ‘Southern Doji’ candle chart pattern is found. The chart shows ‘Southern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

4353.330000000 – 4433.850000000 – 4482.050000000 – 4265.330000000 – 4355.290000000 – 4285.710000000 — 34.302009441834 – 34.253429694942

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