ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support line at 3101.110000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 3184.600000000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 3058.47058 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 3184.600000000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3240.400000000 |
| 2nd High | 3219.970000000 |
| Next High | 3184.600000000 |
| Current Price | 3103.450000000 |
| Next Low | 3101.110000000 |
| 2nd Low | 3014.500000000 |
| 3rd Low | 2990.580000000 |