ETH/USDT – 30M – SELLThe pair jumps from the ascending trendline downwards
A descent down to the next support at 2633.590000000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 2675.580000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 2625.49 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 2675.580000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2728.600000000 |
| 2nd High | 2688.600000000 |
| Next High | 2675.580000000 |
| Current Price | 2643.490000000 |
| Next Low | 2633.590000000 |
| 2nd Low | 2612.200000000 |
| 3rd Low | 2575.400000000 |