ETH/USDT – 30M – SELL

The ETH/USDT 30-minute chart has fired a cluster of bearish signals, including a Trendline Break Up, a Rising Wedge pattern, a MACD Signal Cross Down, a STOCHF KD Cross Down, a DEMA Break Down, a TEMA Retreat Down, a shift to trend mode on the HT TRENDMODE indicator, and a Dragonfly Doji. These signals together suggest that the short-term uptrend may be losing momentum, with multiple indicators confirming a potential reversal to the downside. The confluence of a bearish chart pattern, momentum shifts, and trendline breaks points to a likely pullback or trend change on the 30-minute timeframe.

Across higher timeframes, the bias remains bullish, but the trend strength weakens as you move up, with the 15m and 30m showing solid trends, while the 4h and above are choppy/sideways. This suggests that the current bearish signal is a counter-trend move within a larger bullish structure. Key levels to watch are the nearest resistance at 1912.60 and support at 1891.57. A break below support could confirm further downside, while holding above resistance may invalidate the bearish case. Traders should monitor these levels closely for confirmation.