ETH/USDT – 30M – SELLThe currency pair moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 2401.180000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 2466.660000000 is also possible.
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 certain. Current target is 2401.18 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 2466.660000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2659.000000000 |
| 2nd High | 2521.000000000 |
| Next High | 2466.660000000 |
| Current Price | 2415.200000000 |
| Next Low | 2401.180000000 |
| 2nd Low | 2390.050000000 |
| 3rd Low | 2352.600000000 |