Sell ETH/USDT – 4H – SELL

The pair Ethereum/Tether (ETH/USDT) jumps from the bullish trendline downwards

The bearish trend down to the next support line at 2252.72 will persist.

Caution: A possible counter-trend in the direction of resistance at 2423.75 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 3045.78
2nd High 2464.91
Next High 2423.75
Current Price 2319.920000000
Next Low 2252.72
2nd Low 2175
3rd Low 2021.5

2423.75 – 2464.91 – 2415.5 – 2252.72 – 2285.1 – 2175 —
2358.930000000 – 2331.090000000 —
49.816954970331 – 48.121794552674 —
– —
2423.75 – 1776859200

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