ETH/USDT – 30M – SELLThe pair Ethereum/Tether (ETH/USDT) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 2990.580000000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 3240.400000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 3060 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 3240.400000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3442.500000000 |
| 2nd High | 3331.000000000 |
| Next High | 3240.400000000 |
| Current Price | 3038.170000000 |
| Next Low | 2990.580000000 |
| 2nd Low | 2401.300000000 |
| 3rd Low | 2357.590000000 |