ETH/BTC – 1H – BUYThe pair breaks through the bearish trendline upwards
An ascent upwards to the next resistance level at 0.037080000 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.035900000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.03716546 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.037080000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.037510000 |
| 2nd High | 0.037220000 |
| Next High | 0.037080000 |
| Current Price | 0.036820000 |
| Next Low | 0.035900000 |
| 2nd Low | |
| 3rd Low |