ETH/BTC – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.04014832 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 0.040710000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.040940000 |
| 2nd High | 0.040820000 |
| Next High | 0.040710000 |
| Current Price | 0.040610000 |
| Next Low | 0.038870000 |
| 2nd Low | 0.038390000 |
| 3rd Low | 0.038330000 |