ETH/BTC – 30M – BUYThe currency pair goes from the bullish trendline downwards
A bearish movement downwards to the next support level at 0.038740000 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.039430000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.03943 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.039430000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.040570000 |
| 2nd High | 0.040470000 |
| Next High | 0.039430000 |
| Current Price | 0.039360000 |
| Next Low | 0.038740000 |
| 2nd Low | 0.038510000 |
| 3rd Low | 0.038410000 |