The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline downwards
A continuation of the bearish trend down to the next support at is considered certain.
Caution: A possible counter-trend in the direction of the resistance level at 0.039010000 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039720000 |
| 2nd High | 0.039060000 |
| Next High | 0.039010000 |
| Current Price | 0.038780000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.039010000 – 0.038930000 – 0.039060000 – 0.038520000 – 0.038580000 – 0.038810000 — 51.406821215798 – 49.030603376826
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Double bottom retreat down – –