The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.038520000 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.038920000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.
Besides a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039060000 |
| 2nd High | 0.039010000 |
| Next High | 0.038920000 |
| Current Price | 0.038740000 |
| Next Low | 0.038520000 |
| 2nd Low | 0.038510000 |
| 3rd Low | 0.037670000 |
0.038920000 – 0.039010000 – 0.038930000 – 0.038520000 – 0.038580000 – 0.038810000 — 43.76183326792 – 40.725180167843
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Double bottom chart pattern – –