ETH/USDT – 30M – SELLThen a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The combination Ethereum/Tether (ETH/USDT) jumps from the bullish trendline down.
A descending movement down to the next support level at 3361.200000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 3673.840000000 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 | 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