ETH/BTC – 30M – SELLThe currency pair jumps from the descending trendline down.
A continuation of the downward movement down to the next support line at 0.038570000 is expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.038950000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.040570000 |
| 2nd High | 0.040470000 |
| Next High | 0.038950000 |
| Current Price | 0.038630000 |
| Next Low | 0.038570000 |
| 2nd Low | 0.038390000 |
| 3rd Low | 0.038330000 |