ETH/BTC – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.04094756 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.041500000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.043400000 |
| 2nd High | 0.042740000 |
| Next High | 0.041500000 |
| Current Price | 0.040330000 |
| Next Low | 0.040190000 |
| 2nd Low | 0.040080000 |
| 3rd Low |