ETH/USDT – 1H – SELLThe currency pair jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 2450.000000000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 2769.480000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 2769.480000000 |
| Current Price | 2524.860000000 |
| Next Low | 2450.000000000 |
| 2nd Low | 2436.400000000 |
| 3rd Low | 2330.660000000 |