The currency pair Ethereum/Tether (ETH/USDT) jumps from the ascending trendline down.
A descent down to the next support at is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 4576.000000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.
Besides a ‘Two Crows’ candlestick chart pattern is existing. The candles show ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4788.000000000 |
| 2nd High | 4672.670000000 |
| Next High | 4576.000000000 |
| Current Price | 4463.200000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4576.000000000 – 4672.670000000 – 4788.000000000 – 4372.540000000 – 4368.000000000 – 4451.330000000 — 46.734853041339 – 45.327438244488
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –