The pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 3834.030000000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at could happen.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The pair is likely to go up.
Then a ‘RSI fall below 30’ indicator layout is found. The indicator shows ‘RSI fall below 30’. which is often a bullish chart scenario. The pair is likely to go up.
Then a ‘Bearish SBS White Lines’ candlestick pattern is detected. The candles show ‘Bearish SBS White Lines’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3886.440000000 |
| Next High | 3834.030000000 |
| Current Price | 3760.010000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3834.030000000 – 3886.440000000 – 3793.000000000 – 3716.040000000 – 3731.000000000 – 3709.390000000 — 36.227743952594 – 37.100393580522
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Bearish SBS White Lines – –