ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) jumps from the ascending trendline downwards
The bearish trend down to the next support at 3831.500000000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 3919.600000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 3858.88184 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 3919.600000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3968.470000000 |
| 2nd High | 3945.000000000 |
| Next High | 3919.600000000 |
| Current Price | 3850.800000000 |
| Next Low | 3831.500000000 |
| 2nd Low | 3825.030000000 |
| 3rd Low | 3796.800000000 |