ETH/USDT – 30M – SELLThe currency pair moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support at 2591.580000000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 2645.600000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 2573.05264 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 2645.600000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2688.600000000 |
| 2nd High | 2647.790000000 |
| Next High | 2645.600000000 |
| Current Price | 2598.010000000 |
| Next Low | 2591.580000000 |
| 2nd Low | 2563.600000000 |
| 3rd Low | 2537.360000000 |