ETH/USDT – 1H – SELLThe currency pair goes from the ascending trendline down.
A bearish descent down to the next support line at 2272.800000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 2381.410000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 2279.69 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 2381.410000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2490.000000000 |
| 2nd High | 2408.830000000 |
| Next High | 2381.410000000 |
| Current Price | 2331.790000000 |
| Next Low | 2272.800000000 |
| 2nd Low | 2240.940000000 |
| 3rd Low | 2150.550000000 |