Also there is a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The currency pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline down.
A bearish descent down to the next support at is certain.
Caution: A possible change in the direction of the resistance line at 2093.94 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.
Also there is a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. which 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 ‘Three Black Crows’ going 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 – –