Sell ETH/BTC – 30M – SELL

The combination goes from the ascending trendline down.

A bearish trend downwards to the next support at 0.039060000 is considered certain.

Caution: A possible change in the direction of the resistance zone at 0.039850000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.03898182 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 0.039850000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 0.040470000
2nd High 0.039870000
Next High 0.039850000
Current Price 0.039250000
Next Low 0.039060000
2nd Low 0.038940000
3rd Low 0.038740000

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