The pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline down.
A continuation of the downtrend down to the next support line at 1652.09 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 1682 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘StochOSC Hidden Bearish Divergence’ indicator signal is existing. The indicator shows ‘StochOSC Hidden Bearish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Das Paar wird voraussichtlich nach oben gehen.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.
Furthermore a ‘Southern Doji’ chart pattern is detected. The candles form ‘Southern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1714.5 |
| 2nd High | 1693.59 |
| Next High | 1682 |
| Current Price | 1666.540000000 |
| Next Low | 1652.09 |
| 2nd Low | 1632.71 |
| 3rd Low | 1603.44 |
1682 – 1693.59 – 1673.5 – 1652.09 – 1660.93 – 1632.71 —
1678.220000000 – 1677.220000000 —
56.11125951249 – 52.92393883919 —
– —
1682 – 1781238600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern – –