ETH/USDT – 30M – SELLThe currency pair moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 2575.400000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 2632.730000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2605.695 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 2632.730000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2647.790000000 |
| 2nd High | 2645.600000000 |
| Next High | 2632.730000000 |
| Current Price | 2609.990000000 |
| Next Low | 2575.400000000 |
| 2nd Low | 2563.600000000 |
| 3rd Low | 2537.360000000 |