There is also a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The combination Ethereum/Tether (ETH/USDT) goes from the ascending trendline downwards
A bearish descent down to the next support line at 4153.070000000 will continue.
Caution: A possible change in the direction of the resistance line at 4349.810000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator is ‘StochRSI fall below 80’. which could be a negative chart signal. The pair is likely to go down.
There is also a ‘Three Black Crows’ chart pattern is discovered. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 4349.810000000 |
| Current Price | 4267.990000000 |
| Next Low | 4153.070000000 |
| 2nd Low | 3546.000000000 |
| 3rd Low | 3502.850000000 |
4349.810000000 – 4332.600000000 – 3694.060000000 – 4153.070000000 – 3546.000000000 – 3565.000000000 — 56.645254700836 – 52.376666653482
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –