ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 3529.760000000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 3642.190000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 3468.46 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 3642.190000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 3684.920000000 |
| Next High | 3642.190000000 |
| Current Price | 3572.500000000 |
| Next Low | 3529.760000000 |
| 2nd Low | 3252.000000000 |
| 3rd Low | 3032.590000000 |