The currency pair Ethereum/Tether (ETH/USDT) goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at 4204.200000000 is considered certain.
Caution: A possible change in the direction of the resistance level at 4328.370000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 4219 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 4328.370000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4388.650000000 |
| 2nd High | 4378.000000000 |
| Next High | 4328.370000000 |
| Current Price | 4287.170000000 |
| Next Low | 4204.200000000 |
| 2nd Low | 4106.370000000 |
| 3rd Low | 4060.000000000 |
4328.370000000 – 4378.000000000 – 4242.000000000 – 4204.200000000 – 4106.370000000 – 4060.000000000 — 58.36007193897 – 57.231301764265
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Double top retreat up – –