The combination Ethereum/Tether (ETH/USDT) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 4456.430000000 is certain.
Caution: A possible change in the direction of the resistance line at 4508.710000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.
Besides a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
Besides a ‘Two Crows’ candle pattern is detected. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4620.720000000 |
| 2nd High | 4544.440000000 |
| Next High | 4508.710000000 |
| Current Price | 4480.420000000 |
| Next Low | 4456.430000000 |
| 2nd Low | 4435.700000000 |
| 3rd Low | 4412.000000000 |
4508.710000000 – 4484.810000000 – 4544.440000000 – 4456.430000000 – 4435.700000000 – 4558.150000000 — 49.746306667267 – 47.99754358199
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – – –