The currency pair Ethereum/Tether (ETH/USDT) goes from the ascending trendline down.
A descending movement down to the next support at 2297.59 is considered certain.
Caution: A possible change in the direction of the resistance line at 2423.74 could happen.
Consider stop-loss settings accordingly.
Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2464.91 |
| 2nd High | 2423.75 |
| Next High | 2423.74 |
| Current Price | 2307.060000000 |
| Next Low | 2297.59 |
| 2nd Low | 2220.36 |
| 3rd Low | 2175.68 |
2423.74 – 2399.5 – 2398.93 – 2313.89 – 2354.34 – 2309.24 —
2285.710000000 – 2314.940000000 —
27.244584013762 – 54.436200396294 —
– —
2423.74 – 1778065200