The currency pair Ethereum/Tether (ETH/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support at will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 2295 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Additionally a ‘Two Crows’ candle pattern is discovered. The candles show ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2404.37 |
| 2nd High | 2346.95 |
| Next High | 2295 |
| Current Price | 2282.070000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2295 – 2275.13 – 2279 – 2252.42 – 2245.82 – 2231.64 —
2286.750000000 – 2287.110000000 —
64.381974293174 – 63.734428935427 —
– —
2295 – 1777604400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –