The currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline downwards
A descending movement downwards to the next support level at 0.032920000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.035630000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.03465 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.035630000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.035980000 |
2nd High | 0.035670000 |
Next High | 0.035630000 |
Current Price | 0.034940000 |
Next Low | 0.032920000 |
2nd Low | 0.032820000 |
3rd Low | 0.031890000 |