ETH/BTC – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.03653208 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support level at 0.037080000 should be noted.
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 | 0.036700000 |
| Next Low | 0.036500000 |
| 2nd Low | 0.036230000 |
| 3rd Low |