# Analysis of ETH/USDT Pair
**Time Frame**: 2025-07-20 11:45:00 ~ 2025-07-21 03:15:00
**Data Nature**: Real-time data
## Analysis of Japanese Candlestick Patterns
* **Strong bullish pattern formation around the price 3,633.63 at the beginning of the chart** - Signal of the beginning of an upward trend - Strong signal
* **Formation of a bullish continuation pattern around the price 3,700 in the middle of the chart** - Confirmation of the continuation of the upward trend - Medium signal
* **Hammer candle formation around the price 3,750 after reaching the peak** - Downward exhaustion, upward attempt - Medium signal
* **Formation of a bearish reversal pattern at the price 3,822.84 (the peak)** - Signal of a potential trend shift - Strong signal
* **Long lower shadow candle formation around the price 3,700 after the drop** - Effective support, downward resistance - Strong signal
* **The last candles show consolidation around the price 3,763.40** - Attempt to regain upward momentum - Medium signal
## Technical Indicators Analysis
* **Moving Averages**:
- MA5 (3,753.98) above MA10 (3,756.18) and MA30 (3,759.16) - Unconventional arrangement indicating short-term volatility
- EMA7 (3,757.63) and EMA30 (3,751.12) - Convergence of averages indicates the likelihood of a strong move soon
* **MACD Indicator**:
- MACD value (-4.57) is negative
- DIF line (5.12) above DEA line (9.70)
- The histogram shows increasing negative values - Short-term bearish signal
* **Trading Volume**:
- Significant volume increase at the peak 3,822.84
- Gradual decrease in volume during the correction
- Return of some positive volumes at the end of the period - Attempt to regain upward momentum
## Identifying Support and Resistance Levels
* **Resistance Levels**:
- Major resistance: 3,820 (previous peak)
- Medium resistance: 3,780
- Near resistance: 3,765
* **Support Levels**:
- Near support: 3,750 (current consolidation area)
- Medium support: 3,700 (previous rebound area)
- Strong support: 3,630 (start of upward movement)
## Overall Technical Assessment
The price experienced a strong upward movement reaching a peak of 3,822.84, followed by a downward correction. The coordination between price and volume was positive during the rise, with large trading volumes appearing at the peak. The overall trend remains bullish in the medium term, but technical indicators suggest the possibility of continued volatility in the short term.
## Summary
The ETH/USDT pair shows a healthy correction pattern after a strong upward movement. The current levels represent an important consolidation area that may determine the upcoming trend. Traders may want to monitor the support level of 3,750 and resistance at 3,780 for short-term decisions. Caution is advised with appropriate stop-loss orders placed below key support levels. Remember that the cryptocurrency market is inherently volatile, and risk should be managed carefully.
The information mentioned above has been researched and summarized by artificial intelligence and does not constitute investment advice.
