ETH/BTC – 1H – SELLThe pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline downwards
A bearish trend down to the next support level at 0.037200000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.038460000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 0.03770008 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 0.038460000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041500000 |
| 2nd High | 0.041140000 |
| Next High | 0.038460000 |
| Current Price | 0.038100000 |
| Next Low | 0.037200000 |
| 2nd Low | 0.036610000 |
| 3rd Low | 0.035240000 |