ETH/USDT – 30M – SELLThe pair Ethereum/Tether (ETH/USDT) moves from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 3923.500000000 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 4003.400000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 3882.365 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 4003.400000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4087.730000000 |
| 2nd High | 4024.010000000 |
| Next High | 4003.400000000 |
| Current Price | 3972.370000000 |
| Next Low | 3923.500000000 |
| 2nd Low | 3831.900000000 |
| 3rd Low | 3677.000000000 |