The combination Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline down.
A continuation of the downward movement down to the next support level at will persist.
Caution: A possible change in the direction of resistance at 0.024330000 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.025740000 |
| 2nd High | 0.024400000 |
| Next High | 0.024330000 |
| Current Price | 0.023970000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.024330000 – 0.024400000 – 0.025740000 – 0.023840000 – 0.023940000 – 0.023470000