ETH/USDT – 30M – BUYThe currency pair jumps from the bullish trendline downwards
The bearish trend down to the next support line at 2554.050000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 2673.500000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 2670.98322 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 2673.500000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2792.280000000 |
| 2nd High | 2702.820000000 |
| Next High | 2673.500000000 |
| Current Price | 2630.320000000 |
| Next Low | 2554.050000000 |
| 2nd Low | 2524.580000000 |
| 3rd Low | 2277.340000000 |