ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 0.036820000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.037730000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.0365 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.037730000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.038400000 |
| 2nd High | 0.038150000 |
| Next High | 0.037730000 |
| Current Price | 0.036860000 |
| Next Low | 0.036820000 |
| 2nd Low | 0.036500000 |
| 3rd Low | 0.035900000 |