ETH/USDT – 30M – SELLFurthermore a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.
The pair Ethereum/Tether (ETH/USDT) goes from the bullish trendline down.
A descent down to the next support line at 3203.34 is considered certain.
Caution: A possible trend reversal in the direction of the resistance line at 3308.86 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Two Crows’ candle chart pattern is discovered. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3588.19 |
| 2nd High | 3565.84 |
| Next High | 3308.86 |
| Current Price | 3272.920000000 |
| Next Low | 3203.34 |
| 2nd Low | 3126 |
| 3rd Low | 3020.79 |
3308.86 – 3253.76 – 3265.66 – 3203.34 – 3126 – 3020.79 — 59.454578999361 – 58.416856007446 — 58.628371822596 – 76.506115490314 – 44.243652270765 – 60.509525201217
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –