ETH/USDT – 1H – BUYThe combination goes from the descending trendline downwards
A continuation of the downtrend down to the next support line at 2575.400000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 2769.480000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is expected. Target of the current trend is 2616.93312 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 2769.480000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 2769.480000000 |
| Current Price | 2581.560000000 |
| Next Low | 2575.400000000 |
| 2nd Low | 2537.360000000 |
| 3rd Low | 2436.400000000 |