ETH/USDT – 30M – SELLThe combination jumps from the bullish trendline downwards
A bearish trend downwards to the next support level at 2263.290000000 is likely expected.
Caution: A possible change in the direction of the resistance level at 2393.630000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2294.38148 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 2393.630000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2464.820000000 |
| 2nd High | 2430.320000000 |
| Next High | 2393.630000000 |
| Current Price | 2332.510000000 |
| Next Low | 2263.290000000 |
| 2nd Low | 2252.390000000 |
| 3rd Low | 2240.940000000 |