The pair Ethereum/Tether (ETH/USDT) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 1702 will persist.
Caution: A possible change in the direction of the resistance line at 1739.32 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘StochRSI Hidden Bearish Divergence’ indicator signal is existing. The indicator shows ‘StochRSI Hidden Bearish Divergence’. Dieses ist oftmals ein bearisches signal. Die Paarung wird wahrscheinlich fallen.
Furthermore a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
Furthermore a ‘Southern Doji’ candlestick pattern is discovered. The candles show ‘Southern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1749.55 |
| 2nd High | 1746.17 |
| Next High | 1739.32 |
| Current Price | 1736.590000000 |
| Next Low | 1702 |
| 2nd Low | 1679.11 |
| 3rd Low | 1671.79 |
1739.32 – 1746.17 – 1749.55 – 1702 – 1717.14 – 1708.11 —
1719.720000000 – 1745.280000000 —
40.52254998168 – 58.795957466112 —
– —
1739.32 – 1782068400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern – –