ETH/USDT – 30M – SELLNext a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.
The currency pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline downwards
The bearish trend down to the next support line at 2592.600000000 will persist.
Caution: A possible trend reversal in the direction of resistance at 2834.860000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 2834.860000000 |
| Current Price | 2648.970000000 |
| Next Low | 2592.600000000 |
| 2nd Low | 2492.000000000 |
| 3rd Low | 2488.720000000 |
2638.500000000 – 2559.510000000 – 2553.080000000 – 2592.600000000 – 2492.000000000 – 2508.450000000