ETH/BTC – 4H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 0.03923 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 0.040060000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041810000 |
| 2nd High | 0.041500000 |
| Next High | 0.040060000 |
| Current Price | 0.039560000 |
| Next Low | 0.038400000 |
| 2nd Low | 0.038330000 |
| 3rd Low |