ETH/USDT – 1H – SELLThe combination goes from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 2554.050000000 will persist.
Caution: A possible change in the direction of the resistance zone at 2684.510000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 2591.4037 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 2684.510000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2792.280000000 |
| 2nd High | 2728.600000000 |
| Next High | 2684.510000000 |
| Current Price | 2613.270000000 |
| Next Low | 2554.050000000 |
| 2nd Low | 2524.580000000 |
| 3rd Low | 2277.340000000 |