ETH/USDT – 30M – SELLAlso there is a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.
The combination Ethereum/Tether (ETH/USDT) goes from the bullish trendline downwards
A descent downwards to the next support at 3601.560000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 3782.830000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bearish Belt Hold’ chart pattern is detected. The chart shows ‘Bearish Belt Hold’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3860.000000000 |
| 2nd High | 3798.650000000 |
| Next High | 3782.830000000 |
| Current Price | 3723.720000000 |
| Next Low | 3601.560000000 |
| 2nd Low | 3599.440000000 |
| 3rd Low | 3502.850000000 |
3782.830000000 – 3767.130000000 – 3747.000000000 – 3601.560000000 – 3599.440000000 – 3502.850000000 — 46.88976998484 – 42.891784248176
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish Belt Hold – Rising Wedge Chart Pattern –