ETH/USDT – 30M – SELLThe currency pair moves from the bullish trendline down.
A descending movement downwards to the next support at 2277.340000000 is likely expected.
Caution: A possible change in the direction of the resistance level at 2591.690000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2454.955 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 2591.690000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2698.720000000 |
| 2nd High | 2632.570000000 |
| Next High | 2591.690000000 |
| Current Price | 2545.100000000 |
| Next Low | 2277.340000000 |
| 2nd Low | 2263.290000000 |
| 3rd Low | 2252.390000000 |