ETH/USDT – 30M – BUYThe combination Ethereum/Tether (ETH/USDT) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 3217.560000000 is certain.
Caution: A possible trend reversal in the direction of resistance at 3320.180000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Southern Doji’ candlestick chart pattern is found. The candles show ‘Southern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3337.000000000 |
| 2nd High | 3322.490000000 |
| Next High | 3320.180000000 |
| Current Price | 3270.180000000 |
| Next Low | 3217.560000000 |
| 2nd Low | 3193.970000000 |
| 3rd Low | 3158.000000000 |
Download ETH/USDT Signal Image
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Southern Doji