The pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support level at 0.038420000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.038730000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.
Next a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039370000 |
| 2nd High | 0.039040000 |
| Next High | 0.038730000 |
| Current Price | 0.038690000 |
| Next Low | 0.038420000 |
| 2nd Low | 0.038210000 |
| 3rd Low | 0.038000000 |
0.038730000 – 0.039040000 – 0.039370000 – 0.038420000 – 0.038720000 – 0.038970000 — 52.397459594831 – 50.306449028603