ETH/USDT – 30M – SELLThe pair Ethereum/Tether (ETH/USDT) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 2037.220000000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 2119.46 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Collapsing Doji Star’ candlestick pattern is existing. The candles show ‘Collapsing Doji Star’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2295.74 |
| 2nd High | 2149.75 |
| Next High | 2119.46 |
| Current Price | 2100.420000000 |
| Next Low | 2037.220000000 |
| 2nd Low | 2032.6 |
| 3rd Low | 1866.13 |
2119.46 – 2093.94 – 1975.75 – 2037.220000000 – 2032.6 – 1866.13 —
2058.080000000 – 2115.000000000 —
50.833484679286 – 65.245088130653 —
2037.220000000 – 1770484200 —
2119.46 – 1770436800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Collapsing Doji Star – – –