ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline down.
A bearish movement down to the next support line at 3731.000000000 is expected.
Caution: A possible counter-trend in the direction of resistance at 3793.000000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 3747.31984 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 3793.000000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3860.000000000 |
| 2nd High | 3798.650000000 |
| Next High | 3793.000000000 |
| Current Price | 3778.920000000 |
| Next Low | 3731.000000000 |
| 2nd Low | 3709.390000000 |
| 3rd Low | 3601.560000000 |
3793.000000000 – 3782.830000000 – 3767.130000000 – 3731.000000000 – 3709.390000000 – 3601.560000000 — 63.921736216703 – 57.301620392327