ETH/USDT – 4H – BUYThe currency pair goes from the bullish trendline downwards
A bearish descent down to the next support line at 2382.590000000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 2722.300000000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 2550.07 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 2722.300000000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 2769.480000000 |
| Next High | 2722.300000000 |
| Current Price | 2442.780000000 |
| Next Low | 2382.590000000 |
| 2nd Low | 2330.660000000 |
| 3rd Low | 2310.000000000 |