ETH/USDT – 4H – SELLThe combination Ethereum/Tether (ETH/USDT) jumps from the bullish trendline downwards
A descent downwards to the next support level at 2373.000000000 is likely expected.
Caution: A possible counter-trend in the direction of the resistance line at 2525.000000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
In addition a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2834.860000000 |
| 2nd High | 2680.340000000 |
| Next High | 2525.000000000 |
| Current Price | 2485.320000000 |
| Next Low | 2373.000000000 |
| 2nd Low | 2111.890000000 |
| 3rd Low | 1752.000000000 |
2525.000000000 – 2520.920000000 – 2680.340000000 – 2373.000000000 – 2382.530000000 – 2111.890000000
Trading Signals: FOREX – ETH – ETH/USDT – USDT – – Rising Wedge Chart Pattern