ETH/BTC – 1H – BUYThe currency pair moves from the bullish trendline upwards
A continuation of the uptrend up to the next resistance at 0.041260000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 0.040520000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 0.041035 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.041260000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041810000 |
| 2nd High | 0.041310000 |
| Next High | 0.041260000 |
| Current Price | 0.040940000 |
| Next Low | 0.040520000 |
| 2nd Low | 0.040440000 |
| 3rd Low | 0.040260000 |