ETH/USDT – 30M – SELL

The 30-minute chart for ETH/USDT has fired a dense cluster of bearish signals, including a Trendline Retreat Down, a Death Cross of the 20 and 50 SMAs, a BOP Zero Cross Down, and a STOCHF KD Cross Down. These are reinforced by a Fibonacci Retreat DownTrend at the 50% level and a pair of bearish candlestick patterns (Long Legged Doji and Bearish Harami Cross). Together, they suggest that the recent upward correction is losing momentum and that sellers are stepping back in, with the price likely to retest the nearest support at 1870.29.

The intraday picture is mixed: the 15-minute and 30-minute timeframes still show a bullish bias, but the higher timeframes (1H through 12H) are bearish, with the 8H and 12H trending sideways. This suggests that the bearish signal on the 30M is a counter-trend move within a larger downtrend, and the confluence of multiple indicators and candlestick patterns increases the probability of a downward push. Key levels to watch are the nearest resistance at 1897.80, which should now act as a cap, and the support at 1870.29, a break of which would open the path toward lower levels.