ETH/USDT – 30M – SELLThe currency pair Ethereum/Tether (ETH/USDT) goes from the descending trendline down.
A continuation of the downward movement downwards to the next support at 4430.000000000 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 4516.750000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 4386.55846 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 4516.750000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 4663.930000000 |
| 2nd High | 4633.970000000 |
| Next High | 4516.750000000 |
| Current Price | 4471.440000000 |
| Next Low | 4430.000000000 |
| 2nd Low | 4311.040000000 |
| 3rd Low | 4207.390000000 |
4516.750000000 – 4633.970000000 – 4663.930000000 – 4430.000000000 – 4467.630000000 – 4538.690000000 — 44.509198643493 – 43.087303360271
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Rising Wedge Chart Pattern – –