ETH/BTC – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.03872712 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.039070000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039430000 |
| 2nd High | 0.039250000 |
| Next High | 0.039070000 |
| Current Price | 0.038940000 |
| Next Low | 0.038510000 |
| 2nd Low | 0.038410000 |
| 3rd Low | 0.038390000 |