The currency pair Ethereum/Tether (ETH/USDT) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 2038 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bearish chart signal. The currency pair is likely to fall.
Furthermore a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2096.71 |
| 2nd High | 2046.59 |
| Next High | 2038 |
| Current Price | 1999.990000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2038 – 2032 – 2046.59 – 1976.48 – 1967 – 2055.06 —
2002.490000000 – 2017.890000000 —
31.510426788776 – 48.717133397848 —
– —
2038 – 1780192800