The currency pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline downwards
A descending movement downwards to the next support line at 1654.9 will persist.
Caution: A possible change in the direction of the resistance line at 1721.93 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.
Also there is a ‘Collapsing Doji Star’ candlestick chart pattern is detected. The chart shows ‘Collapsing Doji Star’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1852.2 |
| 2nd High | 1794.43 |
| Next High | 1721.93 |
| Current Price | 1720.830000000 |
| Next Low | 1654.9 |
| 2nd Low | 1653.74 |
| 3rd Low | 1652.09 |
1697.28 – 1686.56 – 1675.9 – 1654.9 – 1671.44 – 1662.2 —
1668.000000000 – 1726.300000000 —
48.670764035849 – 82.969425587236 —
– —
1697.28 – 1781386200
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – Collapsing Doji Star – – –