The combination Ethereum/Tether (ETH/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 2636.01 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 2768.78 is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.
Also there is a ‘Southern Doji’ candlestick pattern is discovered. The chart forms ‘Southern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3038.45 |
| 2nd High | 2828.65 |
| Next High | 2768.78 |
| Current Price | 2640.050000000 |
| Next Low | 2636.01 |
| 2nd Low | 2623.57 |
| 3rd Low | 2512 |
2768.78 – 2828.65 – 3038.45 – 2636.01 – 2689 – 2754.53 —
2690.740000000 – 2651.670000000 —
40.188182748126 – 35.208630415038 —
– —
2768.78000 – 1769772600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Southern Doji – – –