ETH/USDT – 30M – SELLThe currency pair moves from the bullish trendline downwards
A descending movement down to the next support level at 2402.650000000 is certain.
Caution: A possible change in the direction of resistance at 2471.450000000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 2401.37 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 2471.450000000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2521.000000000 |
| 2nd High | 2472.080000000 |
| Next High | 2471.450000000 |
| Current Price | 2436.670000000 |
| Next Low | 2402.650000000 |
| 2nd Low | 2330.660000000 |
| 3rd Low | 2310.000000000 |