Sell ETH/USDT – 30M – SELL

The combination Ethereum/Tether (ETH/USDT) moves from the descending trendline down.

A continuation of the bearish trend downwards to the next support at 2284.48 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 2359.88 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

In addition a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 2157.14 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support zone at 2359.88 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 2475.98
2nd High 2396.62
Next High 2359.88
Current Price 2272.810000000
Next Low 2284.48
2nd Low 2157.14
3rd Low 2111.89

2359.88 – 2396.62 – 2475.98 – 2284.48 – 2313.33 – 2157.14 —
2326.440000000 – 2299.940000000 —
46.784536110143 – 41.253889460338 —
– —
2359.88000 – 1770080400

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