ETH/BTC – 1H – SELLThe currency pair jumps from the ascending trendline down.
A bearish descent down to the next support at 0.038100000 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.041140000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041810000 |
| 2nd High | 0.041500000 |
| Next High | 0.041140000 |
| Current Price | 0.039480000 |
| Next Low | 0.038100000 |
| 2nd Low | 0.037230000 |
| 3rd Low | 0.035230000 |