ETH/USDT – 1H – SELLAdditionally a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
The combination Ethereum/Tether (ETH/USDT) goes from the bullish trendline down.
A descending movement down to the next support line at 3599.440000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 3782.830000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘RSI cross above 70’ indicator signal is existing. The indicator shows ‘RSI cross above 70’. which is often a bearish chart signal. The currency pair could go down.
Additionally a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3860.000000000 |
| Next High | 3782.830000000 |
| Current Price | 3741.100000000 |
| Next Low | 3599.440000000 |
| 2nd Low | 3502.850000000 |
| 3rd Low | 3477.580000000 |
3782.830000000 – 3771.000000000 – 3665.310000000 – 3599.440000000 – 3502.850000000 – 3616.540000000 — 56.359911250839 – 53.111700079425
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Rising Wedge Chart Pattern –