ETH/USDT – 4H – SELLFurthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 2319.955 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 2423.75 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Tweezers Top’ chart pattern is discovered. The chart shows ‘Tweezers Top’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3045.78 |
| 2nd High | 2464.91 |
| Next High | 2423.75 |
| Current Price | 2321.000000000 |
| Next Low | 2285.42 |
| 2nd Low | 2252.72 |
| 3rd Low | 2175 |
2423.75 – 2464.91 – 2415.5 – 2285.42 – 2252.72 – 2285.1 —
2313.980000000 – 2380.000000000 —
43.749349463634 – 63.303597585128 —
– —
2423.75 – 1776859200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Tweezers Top – Symmetrical Triangle Chart Pattern – –