Also there is a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.
The pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline down.
A bearish trend downwards to the next support line at 3502.850000000 is expected.
Caution: A possible change in the direction of the resistance level at 3886.440000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘RSI cross above 30’ indicator signal is found. The indicator is ‘RSI cross above 30’. which could be a positive chart scenario. The pair is likely to go up.
Also there is a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3886.440000000 |
| Current Price | 3662.690000000 |
| Next Low | 3502.850000000 |
| 2nd Low | 2932.460000000 |
| 3rd Low | 2474.240000000 |
3886.440000000 – 3771.000000000 – 3860.000000000 – 3502.850000000 – 2932.460000000 – 2474.240000000 — 41.558295488918 – 39.496813125513
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –