ETH/USDT – 1H – SELLThe currency pair Ethereum/Tether (ETH/USDT) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 3677.000000000 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 4015.580000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 3677 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 4015.580000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4087.730000000 |
| 2nd High | 4024.010000000 |
| Next High | 4015.580000000 |
| Current Price | 3686.940000000 |
| Next Low | 3677.000000000 |
| 2nd Low | 3500.000000000 |
| 3rd Low | 3252.000000000 |