The combination Ethereum/Tether (ETH/USDT) moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at will continue.
Caution: A possible change in the direction of the resistance zone at 3878.670000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair could go down.
There is also a ‘Southern Doji’ candlestick pattern is found. The chart forms ‘Southern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3886.440000000 |
| Next High | 3878.670000000 |
| Current Price | 3731.260000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3878.670000000 – 3834.030000000 – 3886.440000000 – 3677.650000000 – 3716.040000000 – 3709.390000000 — 33.831638608019 – 33.241930812483
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Southern Doji – –