ETH/BTC – 30M – BUYThe combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
A bullish ascent up to the next resistance at 0.034670000 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 0.033790000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 0.03490172 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.034670000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.035670000 |
| 2nd High | 0.035310000 |
| Next High | 0.034670000 |
| Current Price | 0.034650000 |
| Next Low | 0.033790000 |
| 2nd Low | 0.033580000 |
| 3rd Low |