ETH/USDT – 1H – SELLThe combination Ethereum/Tether (ETH/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 3050.010000000 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 3224.940000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 3075.6393 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 3224.940000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3442.500000000 |
| 2nd High | 3331.000000000 |
| Next High | 3224.940000000 |
| Current Price | 3064.010000000 |
| Next Low | 3050.010000000 |
| 2nd Low | 3042.930000000 |
| 3rd Low | 3034.990000000 |