ETH/USDT – 30M – BUYThe pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline down.
A descent down to the next support level at 3281.400000000 is expected.
Caution: A possible change in the direction of the resistance zone at 3450.000000000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 3377.525 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 3450.000000000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3497.510000000 |
| Next High | 3450.000000000 |
| Current Price | 3328.550000000 |
| Next Low | 3281.400000000 |
| 2nd Low | 3264.840000000 |
| 3rd Low | 3257.540000000 |