ETH/USDT – 12H – SELL

The 12H SELL signal for ETH/USDT is backed by a dense cluster of bearish indicator crossovers and retreats, including BOP, CMO, MACD, RSI, and STOCHF all crossing below their zero or midlines, alongside WILLR entering oversold and DEMA and HT TRENDLINE retreating. This confluence suggests strong downside momentum on the 12H chart, with the probability rated at 86% and strength very strong. The bearish alignment is consistent across lower timeframes (15m to 2h), though the trend is less developed on the 4H and 8H, which are choppy. However, the 1D timeframe remains strongly bullish, indicating a potential conflict where the sell signal may be a correction within a larger uptrend.

Key levels to watch are the nearest resistance at 1981.24 and support at 1713.44. A break below the support would confirm the bearish move, while a bounce off support could signal a reversal. The bearish signal is supported by the alignment of multiple indicators and the retreat patterns, but the bullish 1D trend poses a significant risk. Traders should monitor whether the price sustains below the 12H moving averages and whether the 1D trend starts to weaken, as a failure to break support could lead to a rebound.