ETH/USDT – 30M – SELLFurthermore a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.
The pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline down.
A bearish trend down to the next support at is likely expected.
Caution: A possible change in the direction of the resistance level at 4349.810000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 4349.810000000 |
| Current Price | 4242.970000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4349.810000000 – 4332.600000000 – 4246.650000000 – 4166.770000000 – 4186.160000000 – 4153.070000000 — 46.022430578759 – 42.844906680083
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Rising Wedge Chart Pattern – –