ETH/USDT – 1H – SELLAnd also a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.
The currency pair Ethereum/Tether (ETH/USDT) jumps from the ascending trendline down.
A descent down to the next support line at 3681.600000000 will persist.
Caution: A possible change in the direction of resistance at 3860.000000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3860.000000000 |
| Current Price | 3699.370000000 |
| Next Low | 3681.600000000 |
| 2nd Low | 3526.440000000 |
| 3rd Low | 3477.580000000 |
3860.000000000 – 3824.560000000 – 3608.300000000 – 3681.600000000 – 3526.440000000 – 3477.580000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – – Rising Wedge Chart Pattern