ETH/USDT – 1H – SELLThe currency pair moves from the ascending trendline downwards
A bearish movement downwards to the next support at 2524.580000000 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 2673.410000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 2575 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 2673.410000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2728.600000000 |
| 2nd High | 2684.510000000 |
| Next High | 2673.410000000 |
| Current Price | 2549.540000000 |
| Next Low | 2524.580000000 |
| 2nd Low | 2277.340000000 |
| 3rd Low | 2263.290000000 |