ETH/USDT – 30M – SELLThe pair moves from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 2320.410000000 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 2372.000000000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 2327.105 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 2372.000000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2408.830000000 |
| 2nd High | 2381.410000000 |
| Next High | 2372.000000000 |
| Current Price | 2348.110000000 |
| Next Low | 2320.410000000 |
| 2nd Low | 2272.800000000 |
| 3rd Low | 2240.940000000 |