Sell ETH/USDT – 1H – SELL

The currency pair Ethereum/Tether (ETH/USDT) jumps from the ascending trendline downwards

A descending movement downwards to the next support at 3014.790000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance zone at 3331.000000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 3014.79 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 3331.000000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High
2nd High 3442.500000000
Next High 3331.000000000
Current Price 3102.850000000
Next Low 3014.790000000
2nd Low 2990.580000000
3rd Low 2401.300000000

Download ETH/USDT Signal Image

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