The combination Ethereum/Tether (ETH/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 3066.37 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 3193.33 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3240.35 |
| 2nd High | 3225 |
| Next High | 3193.33 |
| Current Price | 3159.840000000 |
| Next Low | 3066.37 |
| 2nd Low | 3030.42 |
| 3rd Low | 2782.19 |
3193.33 – 3225 – 3240.35 – 3066.37 – 3170.47 – 3030.42 — 54.670720286728 – 48.520319638142 — 67.463933181473 – 51.708428246014 – 59.020335059871 – 61.503590559787