ETH/BTC – 4H – SELLThe combination goes from the ascending trendline down.
A bearish descent down to the next support line at 0.038330000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.041810000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.03952652 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of support at 0.041810000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.044040000 |
| 2nd High | 0.043400000 |
| Next High | 0.041810000 |
| Current Price | 0.040630000 |
| Next Low | 0.038330000 |
| 2nd Low | |
| 3rd Low |