The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline down.
A continuation of the downtrend down to the next support at 0.023050000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.023300000 should be noted.
Consider stop-loss settings accordingly.
Also there is a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.023490000 |
| 2nd High | 0.023370000 |
| Next High | 0.023300000 |
| Current Price | 0.023240000 |
| Next Low | 0.023050000 |
| 2nd Low | 0.022770000 |
| 3rd Low | 0.022500000 |
0.023300000 – 0.023370000 – 0.023490000 – 0.023050000 – 0.023050000 – 0.023270000