The combination Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline down.
A descending movement down to the next support line at 0.03209 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.03361 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03435 |
| 2nd High | 0.03393 |
| Next High | 0.03361 |
| Current Price | 0.033090000 |
| Next Low | 0.03209 |
| 2nd Low | 0.03201 |
| 3rd Low | 0.0309 |
0.03361 – 0.03291 – 0.03279 – 0.03209 – 0.03217 – 0.03249 — 45.85087489815 – 44.707520330877 — 61.473537881045 – 54.148947581659 – 60.640522042527 – 60.26144100322
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Rising Wedge Chart Pattern – –