ETH/BTC – 1H – BUYThe currency pair breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 0.041810000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 0.040770000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 0.04126 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.041810000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.043400000 |
| 2nd High | 0.042740000 |
| Next High | 0.041810000 |
| Current Price | 0.041470000 |
| Next Low | 0.040770000 |
| 2nd Low | 0.040300000 |
| 3rd Low | 0.040250000 |