Furthermore a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
The currency pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline down.
A bearish movement down to the next support at is expected.
Caution: A possible counter-trend in the direction of resistance at 2093.94 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.
Furthermore a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a bearish chart scenario. 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 | 2295.74 |
| 2nd High | 2149.75 |
| Next High | 2093.94 |
| Current Price | 2078.420000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2093.94 – 1975.75 – 2149.75 – 2032.6 – 1866.13 – 1747.8 —
2066.640000000 – 2103.990000000 —
62.029116099433 – 65.474122053795 —
– —
2093.94 – 1770409800
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –