ETH/BTC – 1H – SELLThe currency pair moves from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 0.036500000 will persist.
Caution: A possible change in the direction of the resistance zone at 0.037080000 should always be considered.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.03653208 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 0.037080000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.037510000 |
| 2nd High | 0.037220000 |
| Next High | 0.037080000 |
| Current Price | 0.036690000 |
| Next Low | 0.036500000 |
| 2nd Low | 0.036230000 |
| 3rd Low |