The combination Ethereum/Tether (ETH/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 2623.57 will persist.
Caution: A possible change in the direction of resistance at 2784.12 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 2905.93 |
| 2nd High | 2806.84 |
| Next High | 2784.12 |
| Current Price | 2717.220000000 |
| Next Low | 2623.57 |
| 2nd Low | 2512 |
| 3rd Low | 2474.24 |
2784.12 – 2806.84 – 2905.93 – 2623.57 – 2790.01 – 3022.09 — 47.45182903586 – 42.210848822732 — 43.633419984494 – 50.148219090619 – 22.919231997081 – 38.990742007571