ETH/BTC – 30M – SELLThe currency pair goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 0.038560000 will continue.
Caution: A possible change in the direction of resistance at 0.039070000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.03888 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 0.039070000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039870000 |
| 2nd High | 0.039700000 |
| Next High | 0.039070000 |
| Current Price | 0.038720000 |
| Next Low | 0.038560000 |
| 2nd Low | 0.038440000 |
| 3rd Low | 0.038400000 |