ETH/USDT – 30M – SELLThe pair Ethereum/Tether (ETH/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support line at is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 4492.240000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4544.440000000 |
| 2nd High | 4508.710000000 |
| Next High | 4492.240000000 |
| Current Price | 4472.730000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4492.240000000 – 4508.710000000 – 4484.810000000 – 4444.340000000 – 4458.000000000 – 4456.430000000 — 52.771468880211 – 50.283737275038