ETH/USDT – 1H – SELLThe pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline down.
A bearish movement down to the next support level at 3034.990000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 3162.110000000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 3014.5 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 3162.110000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3331.000000000 |
| 2nd High | 3219.970000000 |
| Next High | 3162.110000000 |
| Current Price | 3062.250000000 |
| Next Low | 3034.990000000 |
| 2nd Low | 3014.500000000 |
| 3rd Low | 2990.580000000 |