Sell ETH/USDT – 30M – SELL

The currency pair Ethereum/Tether (ETH/USDT) goes from the descending trendline downwards

A continuation of the downward movement down to the next support at 3884.000000000 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 4031.380000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 3900.7676 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 4031.380000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High
2nd High 4107.800000000
Next High 4031.380000000
Current Price 3918.400000000
Next Low 3884.000000000
2nd Low 3844.400000000
3rd Low 3831.500000000

Download ETH/USDT Signal Image

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