ETH/USDT – 4H – BUYThe combination goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 2330.660000000 is likely expected.
Caution: A possible trend reversal in the direction of resistance at 2769.480000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 2661.04272 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 2769.480000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 2769.480000000 |
| Current Price | 2556.000000000 |
| Next Low | 2330.660000000 |
| 2nd Low | 2310.000000000 |
| 3rd Low | 2252.390000000 |