The currency pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support line at 2777.2 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 2852.17 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3169.95 |
| 2nd High | 2905.93 |
| Next High | 2852.17 |
| Current Price | 2832.140000000 |
| Next Low | 2777.2 |
| 2nd Low | 2704.33 |
| 3rd Low | 2623.57 |
2852.17 – 2759.02 – 2784.12 – 2777.2 – 2704.33 – 2623.57 — 64.991245562465 – 62.92899876889 — 78.0104760448 – 90.252503382267 – 60.740181207685 – 76.141755182157
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Rising Wedge Chart Pattern – –