ETH/USDT – 30M – SELLThe pair goes from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 2607.920000000 is expected.
Caution: A possible change in the direction of resistance at 2673.410000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 2629.73 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 2673.410000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2684.510000000 |
| 2nd High | 2683.700000000 |
| Next High | 2673.410000000 |
| Current Price | 2615.170000000 |
| Next Low | 2607.920000000 |
| 2nd Low | 2554.050000000 |
| 3rd Low | 2524.580000000 |