The pair Ethereum/Tether (ETH/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 3208.200000000 is likely expected.
Caution: A possible change in the direction of resistance at 3346.000000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Collapsing Doji Star’ chart pattern is existing. The chart forms ‘Collapsing Doji Star’. which 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 ‘Collapsing Doji Star’ going down is 63% (Bull Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 3700.860000000 |
2nd High | 3386.360000000 |
Next High | 3346.000000000 |
Current Price | 3302.090000000 |
Next Low | 3208.200000000 |
2nd Low | 3032.590000000 |
3rd Low | 3029.410000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Collapsing Doji Star