ETH/USDT – 4H – SELLThe combination Ethereum/Tether (ETH/USDT) goes from the ascending trendline down.
A bearish trend downwards to the next support level at 3029.410000000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 3442.500000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 3186.46124 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 3442.500000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 3442.500000000 |
| Current Price | 3405.100000000 |
| Next Low | 3029.410000000 |
| 2nd Low | 3014.500000000 |
| 3rd Low | 2357.590000000 |