ETH/USDT – 1H – SELLThe currency pair Ethereum/Tether (ETH/USDT) jumps from the ascending trendline downwards
A bearish descent downwards to the next support level at is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 2085.58 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.
Additionally a ‘Southern Doji’ candle chart pattern is existing. The candles form ‘Southern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2163.66 |
| 2nd High | 2088.19 |
| Next High | 2085.58 |
| Current Price | 2023.380000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2085.58 – 2088.19 – 1979.8 – 2007.17 – 2008.65 – 1989.12 —
2079.660000000 – 2056.140000000 —
62.191432815859 – 48.704022738207 —
– —
2085.58 – 1773248400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Southern Doji – – –