The currency pair Ethereum/Tether (ETH/USDT) moves from the descending trendline down.
A continuation of the downward movement downwards to the next support at 2220.36 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 2346.95 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2423.75 |
| 2nd High | 2404.37 |
| Next High | 2346.95 |
| Current Price | 2338.360000000 |
| Next Low | 2220.36 |
| 2nd Low | 2175 |
| 3rd Low | 2021.5 |
2346.95 – 2404.37 – 2423.75 – 2220.36 – 2285.42 – 2252.72 —
2343.600000000 – 2391.000000000 —
58.050255796204 – 70.738942456057 —
– —
2346.95 – 1777449600
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Rising Wedge Chart Pattern – –