ETH/USDT – 30M – SELLThe combination Ethereum/Tether (ETH/USDT) goes from the bearish trendline down.
A continuation of the downward movement down to the next support at 3836.070000000 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 3987.410000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 3774.875 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 3987.410000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4024.010000000 |
| 2nd High | 4015.580000000 |
| Next High | 3987.410000000 |
| Current Price | 3885.370000000 |
| Next Low | 3836.070000000 |
| 2nd Low | 3796.800000000 |
| 3rd Low | 3562.340000000 |