The pair Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at will continue.
Caution: A possible change in the direction of the resistance zone at 0.039010000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039980000 |
| 2nd High | 0.039720000 |
| Next High | 0.039010000 |
| Current Price | 0.038700000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.039010000 – 0.039720000 – 0.039980000 – 0.038500000 – 0.038520000 – 0.038580000 — 51.370045667643 – 49.279513642155
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Double bottom retreat down – –