Buy ETH/BTC – 30M – BUY

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

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