The pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 0.039790000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.040340000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.040760000 |
2nd High | 0.040380000 |
Next High | 0.040340000 |
Current Price | 0.039810000 |
Next Low | 0.039790000 |
2nd Low | 0.039180000 |
3rd Low | 0.037880000 |