The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline down.
A bearish movement down to the next support at 0.037200000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.040130000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.041500000 |
2nd High | 0.041140000 |
Next High | 0.040130000 |
Current Price | 0.037220000 |
Next Low | 0.037200000 |
2nd Low | 0.036610000 |
3rd Low | 0.035240000 |