ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) moves from the ascending trendline downwards
A bearish descent downwards to the next support level at 2309.24 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 2398.930000000 could occur.
Consider stop-loss settings accordingly.
Moreover a ‘Southern Doji’ candle pattern is existing. The candles form ‘Southern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 2398.930000000 |
| Current Price | 2360.040000000 |
| Next Low | 2309.24 |
| 2nd Low | 2297.59 |
| 3rd Low | 2278.98 |
2398.930000000 – 2343.6 – 2313.98 – 2309.24 – 2297.59 – 2278.98 —
2398.930000000 – 2370.070000000 —
75.997298333782 – 54.790091882582 —
2398.930000000 – 1777867200 —
– 1777867200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Southern Doji – Symmetrical Triangle Chart Pattern – –