The currency pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 2331.85 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2343.58 |
| 2nd High | 2338.79 |
| Next High | 2331.85 |
| Current Price | 2315.180000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2331.85 – 2338.79 – 2343.58 – 2301.61 – 2300.22 – 2285.42 —
2319.370000000 – 2328.160000000 —
48.357150662968 – 56.55403614499 —
– —
2331.85 – 1777032000