ETH/USDT – 30M – SELLIn addition a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 2037.79 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 2106.09 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Tweezers Top’ chart pattern is discovered. The chart forms ‘Tweezers Top’. 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 success rate of a ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2295.74 |
| 2nd High | 2209.03 |
| Next High | 2106.09 |
| Current Price | 2075.140000000 |
| Next Low | 2061.6 |
| 2nd Low | 2037.79 |
| 3rd Low | 2017.59 |
2106.09 – 2209.03 – 2148.8 – 2061.6 – 2078.5 – 2090 —
2080.650000000 – 2078.790000000 —
45.861044612447 – 46.909280831021 —
– —
2106.09 – 1773462600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Tweezers Top – – –