ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 3014.790000000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 3240.400000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 3014.79 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 3240.400000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3442.500000000 |
| 2nd High | 3331.000000000 |
| Next High | 3240.400000000 |
| Current Price | 3103.680000000 |
| Next Low | 3014.790000000 |
| 2nd Low | 2990.580000000 |
| 3rd Low | 2401.300000000 |