ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at will continue.
Caution: A possible reversal of the trend in the direction of resistance at 4336.020000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.
Besides a ‘Matching Low’ candlestick pattern is detected. The candles show ‘Matching Low’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4490.000000000 |
| 2nd High | 4343.030000000 |
| Next High | 4336.020000000 |
| Current Price | 4297.040000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4336.020000000 – 4311.230000000 – 4315.350000000 – 4270.810000000 – 4276.760000000 – 4236.000000000 — 49.818791261963 – 49.314303470215
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –