ETH/BTC – 30M – BUYThe currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 0.037730000 will persist.
Caution: A possible trend reversal in the direction of the support level at 0.036820000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.03745 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 0.037730000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.038400000 |
| 2nd High | 0.038150000 |
| Next High | 0.037730000 |
| Current Price | 0.037210000 |
| Next Low | 0.036820000 |
| 2nd Low | 0.036500000 |
| 3rd Low | 0.035900000 |