The pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline downwards
A bearish movement down to the next support at 2412.000000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 2525.000000000 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.
Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2548.420000000 |
| 2nd High | 2546.910000000 |
| Next High | 2525.000000000 |
| Current Price | 2458.540000000 |
| Next Low | 2412.000000000 |
| 2nd Low | 2382.530000000 |
| 3rd Low | 2111.890000000 |
2525.000000000 – 2463.880000000 – 2445.210000000 – 2412.000000000 – 2382.530000000 – 2409.510000000