ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) moves from the descending trendline down.
A continuation of the bearish trend down to the next support line at 2110 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 2359.88 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘StochRSI Hidden Bearish Divergence’ indicator signal is detected. The indicator shows ‘StochRSI Hidden Bearish Divergence’. Dieses ist oftmals ein bearisches chart signal. Das Paar tendiert eventuell nach unten.
Also there is a ‘Matching Low’ candle chart pattern is discovered. The chart shows ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2475.98 |
| 2nd High | 2396.62 |
| Next High | 2359.88 |
| Current Price | 2233.720000000 |
| Next Low | 2110 |
| 2nd Low | 1731.7 |
| 3rd Low | 1606.01 |
2359.88 – 2396.62 – 2475.98 – 2110 – 2262.15 – 2284.48 —
2200.430000000 – 2271.270000000 —
37.089373780104 – 45.683248581664 —
– —
2359.88 – 1770080400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –