The combination Ethereum/Tether (ETH/USDT) goes from the bullish trendline downwards
A descending movement downwards to the next support level at 2857.32 is expected.
Caution: A possible trend reversal in the direction of resistance at 2987 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3223.38 |
| 2nd High | 3169.95 |
| Next High | 2987 |
| Current Price | 2956.800000000 |
| Next Low | 2857.32 |
| 2nd Low | 2788 |
| 3rd Low | 2763 |
2987 – 2885.75 – 2858.16 – 2857.32 – 2865.09 – 2788 — 58.393961328775 – 55.430271066614 — 78.310818044182 – 60.363893878901 – 79.444871134696 – 73.314158606745
Trading Signals: CRYPTO – ETH – ETH/USDT – USDT – – Rising Wedge Chart Pattern – –