The currency pair Ethereum/Tether (ETH/USDT) jumps from the ascending trendline downwards
A descending movement downwards to the next support at is certain.
Caution: A possible change in the direction of resistance at 1810.21 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The pair is likely to go down.
Moreover a ‘Two Crows’ candlestick pattern is found. The candles show ‘Two Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1849.54 |
| 2nd High | 1839.77 |
| Next High | 1810.21 |
| Current Price | 1772.300000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1810.21 – 1839.77 – 1849.54 – 1778.99 – 1763.36 – 1758 —
1797.490000000 – 1777.780000000 —
50.441285849696 – 39.998780208698 —
– —
1810.21 – 1781661600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – – –