The currency pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline downwards
A bearish movement down to the next support level at 2857.32 is expected.
Caution: A possible trend reversal in the direction of resistance at 2987 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3223.38 |
| 2nd High | 3169.95 |
| Next High | 2987 |
| Current Price | 2927.200000000 |
| Next Low | 2857.32 |
| 2nd Low | 2785.04 |
| 3rd Low | 2763 |
2987 – 2885.75 – 2858.16 – 2857.32 – 2785.04 – 2763 — 57.799504360243 – 50.304815965393 — 77.452439048583 – 60.731218631594 – 81.438499738803 – 73.387688706382
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double bottom retreat down – –