ETH/USDT – 30M – SELLThe combination moves from the bullish trendline down.
A descent down to the next support line at 2277.340000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 2393.630000000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 2294.38148 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 2393.630000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2464.820000000 |
| 2nd High | 2430.320000000 |
| Next High | 2393.630000000 |
| Current Price | 2326.600000000 |
| Next Low | 2277.340000000 |
| 2nd Low | 2263.290000000 |
| 3rd Low | 2252.390000000 |