Sell ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) jumps from the descending trendline downwards

A continuation of the bearish trend downwards to the next support level at 3884.000000000 will continue.

Caution: A possible change in the direction of resistance at 4031.380000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 3900.7676 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 4031.380000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High
2nd High 4107.800000000
Next High 4031.380000000
Current Price 3918.400000000
Next Low 3884.000000000
2nd Low 3844.400000000
3rd Low 3831.500000000

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