Sell ETH/USDT – 30M – SELL

The currency pair Ethereum/Tether (ETH/USDT) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support line at 3884.000000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 4031.380000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 3900.7676 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 4031.380000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

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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