And also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to fall.
The pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline downwards
A descent downwards to the next support level at 3361.200000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 3673.840000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3673.840000000 |
| Current Price | 3585.230000000 |
| Next Low | 3361.200000000 |
| 2nd Low | 3310.770000000 |
| 3rd Low | 2932.460000000 |
3673.840000000 – 3480.190000000 – 3425.000000000 – 3361.200000000 – 3310.770000000 – 2932.460000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – – Rising Wedge Chart Pattern