The combination Ethereum/Tether (ETH/USDT) jumps from the descending trendline down.
A continuation of the downtrend down to the next support at will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 2325.33 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Besides a ‘Two Crows’ candlestick pattern is detected. The candles show ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2423.74 |
| 2nd High | 2346.89 |
| Next High | 2325.33 |
| Current Price | 2313.190000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2325.33 – 2321.22 – 2346.89 – 2303.19 – 2265.61 – 2280.1 —
2317.300000000 – 2319.730000000 —
54.188331828435 – 60.251197603462 —
– —
2325.33 – 1778299200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Two Crows – – –