ETH/USDT – 1H – SELLThe currency pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline down.
A bearish descent downwards to the next support at 2252.72 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 2338.75 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The pair is likely to go down.
Also there is a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2350.24 |
| 2nd High | 2346.78 |
| Next High | 2338.75 |
| Current Price | 2311.350000000 |
| Next Low | 2252.72 |
| 2nd Low | 2175.68 |
| 3rd Low | 2175 |
2338.75 – 2346.78 – 2332.88 – 2252.72 – 2300 – 2317.43 —
2317.370000000 – 2325.880000000 —
48.38518150482 – 51.080444521697 —
– —
2338.75 – 1776758400