ETH/BTC – 4H – SELLThe combination moves from the bullish trendline downwards
A bearish trend downwards to the next support line at is likely expected.
Caution: A possible trend reversal in the direction of resistance at 0.037790000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 0.0359 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.037790000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.040060000 |
| 2nd High | 0.039870000 |
| Next High | 0.037790000 |
| Current Price | 0.035740000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |