ETH/USDT – 30M – SELLNext a ‘Rising Wedge Chart Pattern’ chart layout is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The combination Ethereum/Tether (ETH/USDT) jumps from the ascending trendline down.
A bearish trend down to the next support line at will persist.
Caution: A possible change in the direction of resistance at 4349.810000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could 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 – –