The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 0.031430000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.032050000 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘StochRSI fall below 80’ indicator layout is detected. The indicator is ‘StochRSI fall below 80’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.032690000 |
| 2nd High | 0.032410000 |
| Next High | 0.032050000 |
| Current Price | 0.031850000 |
| Next Low | 0.031430000 |
| 2nd Low | 0.031290000 |
| 3rd Low | 0.030380000 |
0.032050000 – 0.031730000 – 0.032410000 – 0.031430000 – 0.031290000 – 0.031640000 — 61.45903401935 – 59.258685163995
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Triple bottom chart pattern – –