ETH/USDT – 1H – SELLThe combination Ethereum/Tether (ETH/USDT) jumps from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 3326.170000000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 3437.590000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3547.950000000 |
| 2nd High | 3514.940000000 |
| Next High | 3437.590000000 |
| Current Price | 3319.260000000 |
| Next Low | 3326.170000000 |
| 2nd Low | 3304.630000000 |
| 3rd Low | 3216.970000000 |