ETH/USDT – 30M – SELLBesides a ‘Rising Wedge Chart Pattern’ chart layout is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.
The pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline down.
A descending movement downwards to the next support level at 4186.160000000 will continue.
Caution: A possible change in the direction of the resistance zone at 4349.810000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 4349.810000000 |
| Current Price | 4260.110000000 |
| Next Low | 4186.160000000 |
| 2nd Low | 4153.070000000 |
| 3rd Low | 3647.630000000 |
4349.810000000 – 4332.600000000 – 4246.650000000 – 4186.160000000 – 4153.070000000 – 4160.000000000 — 45.813006559088 – 43.803124351252
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –