ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) jumps from the bearish trendline down.
A continuation of the downward movement down to the next support line at is expected.
Caution: A possible trend reversal in the direction of the resistance level at 2784.12 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2905.93 |
| 2nd High | 2806.84 |
| Next High | 2784.12 |
| Current Price | 2756.210000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
2784.12 – 2806.84 – 2905.93 – 2623.57 – 2790.01 – 3022.09 — 51.746989280727 – 50.563749383505 — 76.097642256103 – 79.863367491461 – 55.252445486512 – 71.916743036463