ETH/BTC – 4H – SELLThe combination moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at is expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.040820000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 0.0387 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 0.040820000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.044040000 |
| 2nd High | 0.043400000 |
| Next High | 0.040820000 |
| Current Price | 0.038450000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |