ETH/USDT – 1H – SELLThe combination Ethereum/Tether (ETH/USDT) moves from the bullish trendline downwards
A bearish trend down to the next support level at 3257.540000000 is certain.
Caution: A possible change in the direction of the resistance zone at 3497.510000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 3263.46 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 3497.510000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3497.510000000 |
| Current Price | 3344.220000000 |
| Next Low | 3257.540000000 |
| 2nd Low | 3029.410000000 |
| 3rd Low | 3014.500000000 |