ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline down.
The bearish trend downwards to the next support at will persist.
Caution: A possible trend reversal in the direction of the resistance line at 3171.49 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair could go down.
And also a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 3088.22116 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 3171.49 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3308.86 |
| 2nd High | 3301.6 |
| Next High | 3171.49 |
| Current Price | 3102.570000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
3171.49 – 3147.27 – 3104.12 – 3065.55 – 3101.48 – 3092.59 — 47.025724268475 – 44.08654988274 — 67.569504155919 – 64.33075379765 – 65.939105320017 – 65.986874499342