The pair Ethereum/Tether (ETH/USDT) jumps from the descending trendline downwards
A continuation of the downtrend down to the next support at 3101.48 is considered certain.
Caution: A possible change in the direction of the resistance zone at 3171.49 could happen.
Consider stop-loss settings accordingly.
There is also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 3308.86 |
| 2nd High | 3301.6 |
| Next High | 3171.49 |
| Current Price | 3113.760000000 |
| Next Low | 3101.48 |
| 2nd Low | 3092.59 |
| 3rd Low | 3078.71 |
3171.49 – 3147.27 – 3104.12 – 3101.48 – 3092.59 – 3078.71 — 52.960219418944 – 46.755006923944 — 94.314263366053 – 81.79594804508 – 94.788012283995 – 92.036737137044