ETH/USDT – 30M – SELLThe combination Ethereum/Tether (ETH/USDT) jumps from the ascending trendline downwards
A descent downwards to the next support at 3264.840000000 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 3425.920000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 3229.255 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 3425.920000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3442.500000000 |
| Next High | 3425.920000000 |
| Current Price | 3325.790000000 |
| Next Low | 3264.840000000 |
| 2nd Low | 3257.540000000 |
| 3rd Low | 3032.590000000 |