ETH/BTC – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.04032 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.041260000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041810000 |
| 2nd High | 0.041310000 |
| Next High | 0.041260000 |
| Current Price | 0.040510000 |
| Next Low | 0.040320000 |
| 2nd Low | 0.040260000 |
| 3rd Low | 0.038390000 |