ETH/BTC – 4H – SELLThe combination goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at 0.038810000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.041500000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.043400000 |
| 2nd High | 0.041810000 |
| Next High | 0.041500000 |
| Current Price | 0.038680000 |
| Next Low | 0.038810000 |
| 2nd Low | 0.038510000 |
| 3rd Low | 0.038410000 |