The pair Ethereum/Tether (ETH/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support at 2866.11 is considered certain.
Caution: A possible reversal of the trend in the direction of resistance at 3069.07 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3368.82 |
| 2nd High | 3236.26 |
| Next High | 3069.07 |
| Current Price | 3002.640000000 |
| Next Low | 2866.11 |
| 2nd Low | 2775.19 |
| 3rd Low | 2716.04 |
3069.07 – 3002 – 3236.26 – 2866.11 – 2920 – 3085.17 —
3027.610000000 – 3016.400000000 —
51.577937116262 – 52.984724374429 —
– —
3069.07000 – 1769023800