ETH/USDT – 4H – BUYThe currency pair Ethereum/Tether (ETH/USDT) moves from the bullish trendline down.
A descending movement downwards to the next support line at 3509.000000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 3987.410000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 4087.73 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 3987.410000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 4087.730000000 |
| Next High | 3987.410000000 |
| Current Price | 3884.630000000 |
| Next Low | 3509.000000000 |
| 2nd Low | 3500.000000000 |
| 3rd Low | 3252.000000000 |