ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline downwards
A bearish movement down to the next support line at 0.033580000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.034520000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.03358 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the support level at 0.034520000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.035310000 |
| 2nd High | 0.034670000 |
| Next High | 0.034520000 |
| Current Price | 0.033860000 |
| Next Low | 0.033580000 |
| 2nd Low | |
| 3rd Low |