Market Overview for Anchored Coins AEUR/Tether (AEURUSDT) on 2025-11-01

• AEURUSDT consolidates near 1.186 with no clear breakout
• Volatility remains subdued, with price fluctuating within a tight range
• No significant candlestick patterns emerged, but resistance forms near 1.189
• Volume and turnover show minimal divergence, indicating low urgency in price movement
• Momentum appears neutral, with RSI hovering around mid-levels

At 12:00 ET on 2025-11-01, Anchored Coins AEUR/Tether (AEURUSDT) opened at 1.1843, reached a high of 1.1909, and a low of 1.182, closing at 1.1909. Over the 24-hour period, the total volume was 4,309.9, with a turnover of 4,812.9 in the pair.

The 15-minute OHLCV data reveals a relatively stable price profile. Price fluctuated within a range between 1.182 and 1.1909 without forming strong bullish or bearish candlestick patterns. The absence of large-bodied candles or clear reversal formations suggests traders are in a waiting mode, with no decisive momentum on either side. The price action appears to be probing resistance at 1.189 and support at 1.184, both of which are being tested multiple times without a clear break.

The 20-period and 50-period moving averages on the 15-minute chart are close to each other, reflecting a flat trend. The 50-period MA on the daily chart also remains flat, which could signal a continuation of range-bound conditions unless a breakout develops over the next 24 hours. For now, the pair is not displaying any strong directional bias.

MACD & RSI

The MACD histogram remains near zero, with the line and signal line overlapping, suggesting no strong momentum in either direction. RSI is currently at 51.2 on the 15-minute chart, which is a neutral reading. It is not in overbought or oversold territory, reinforcing the idea of a consolidation phase. If RSI were to cross above 55, it could indicate the start of a bullish move, while a drop below 45 may hint at a potential bearish shift.

Bollinger Bands and Volatility

Bollinger Bands remain tightly compressed, indicating low volatility and a period of consolidation. The price is bouncing between the upper and lower bands without breaking either, which could continue for some time unless a catalyst emerges. A widening of the bands would typically signal an impending breakout or a sharp move in either direction.

Volume and Turnover

Volume remains moderate, with no sharp spikes observed in the 24-hour dataset. The largest volume spike occurred at 114500, where volume reached 596.4 and was accompanied by a sharp rise in price to 1.1921. This suggests that buyers were active at that time, though the move was short-lived. The lack of a follow-through in volume and price implies that this move was not strong enough to confirm a reversal.

Fibonacci Retracements

Applying Fibonacci retracement levels to the most recent swing high (1.1909) and swing low (1.182) on the 15-minute chart, key levels appear to be at 1.1856 (38.2%), 1.1839 (50%), and 1.1825 (61.8%). These levels coincide with recent price tests, suggesting they could act as support or resistance in the next 24 hours.

Backtest Hypothesis

To build a robust backtest hypothesis, a clear and valid trading pair must first be identified. Based on the data provided, the symbol AEURUSDT appears to be used, but the backtesting service was unable to locate the data for it. This is a common issue in backtesting due to exchange-specific ticker notations or typos.

To resolve this, the correct symbol format should be confirmed. For example, if AEURUSDT exists, it may need to be specified with the exchange, such as “BINANCE:AEURUSDT” or “KRAKEN:AEURUSDT.” If AEURUSDT is not a valid pair, a correction such as EURUSDT (Euro to Tether) should be considered, as it is a more commonly traded pair and likely to have available data.

Once the correct symbol is confirmed, the next step would involve retrieving MACD golden-cross dates and Bullish Engulfing pattern dates from 2022-01-01 to today. These signals could be used as entry points for a backtest with a 1- to 3-day holding period. The MACD golden-cross and Bullish Engulfing patterns both indicate potential bullish setups and could be combined to filter high-probability trade entries.

The ultimate goal is to evaluate the profitability and reliability of this strategy over time and under different market conditions. Once the correct symbol is identified, the backtest can be initiated to generate actionable insights.