ETH/USDT – 30M – SELLThe combination Ethereum/Tether (ETH/USDT) moves from the descending trendline downwards
A continuation of the downward movement down to the next support at 2354.34 will continue.
Caution: A possible counter-trend in the direction of resistance at 2388.54 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.
Furthermore a ‘Collapsing Doji Star’ candle pattern is discovered. The candles show ‘Collapsing Doji Star’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2404.37 |
| 2nd High | 2399.5 |
| Next High | 2388.54 |
| Current Price | 2372.920000000 |
| Next Low | 2354.34 |
| 2nd Low | 2344.83 |
| 3rd Low | 2314.25 |
2388.54 – 2399.5 – 2390.74 – 2354.34 – 2359.71 – 2366.76 —
2363.620000000 – 2380.870000000 —
39.053890406022 – 54.091006759618 —
– —
2388.54 – 1778014800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Collapsing Doji Star – – –