ETH/USDT – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2313.89228 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 2430.320000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2490.000000000 |
| 2nd High | 2464.820000000 |
| Next High | 2430.320000000 |
| Current Price | 2353.080000000 |
| Next Low | 2318.660000000 |
| 2nd Low | 2272.800000000 |
| 3rd Low | 2240.940000000 |