The currency pair Ethereum/Tether (ETH/USDT) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support at 1945.08 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 2099.36 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 1929.56 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 2099.36 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2199 |
| 2nd High | 2163.66 |
| Next High | 2099.36 |
| Current Price | 1974.820000000 |
| Next Low | 1945.08 |
| 2nd Low | 1929.56 |
| 3rd Low | 1921.7 |
2099.36 – 2163.66 – 2144.2 – 2054.75 – 2093.63 – 1945.08 —
2065.750000000 – 1997.580000000 —
36.649539309509 – 23.88810847008 —
– —
2099.36 – 1772744400
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Symmetrical Triangle Chart Pattern – –