ETH/USDT – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 3089.194 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 3162.110000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3331.000000000 |
| 2nd High | 3219.970000000 |
| Next High | 3162.110000000 |
| Current Price | 3127.170000000 |
| Next Low | 3042.930000000 |
| 2nd Low | 3034.990000000 |
| 3rd Low | 3014.500000000 |