ETH/BTC – 30M – SELLThe combination goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.039320000 should always be considered.
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 expected. Target of the current trend is 0.0387 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.039320000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.040350000 |
| 2nd High | 0.039740000 |
| Next High | 0.039320000 |
| Current Price | 0.038580000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |