ETH/BTC – 1H – SELLThe pair jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support at 0.038410000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.041500000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.042740000 |
| 2nd High | 0.041810000 |
| Next High | 0.041500000 |
| Current Price | 0.038750000 |
| Next Low | 0.038410000 |
| 2nd Low | 0.038390000 |
| 3rd Low | 0.038330000 |