ETH/BTC – 1H – SELLThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support at 0.029760000 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.030840000 is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.032500000 |
| 2nd High | 0.031600000 |
| Next High | 0.030840000 |
| Current Price | 0.030700000 |
| Next Low | 0.029760000 |
| 2nd Low | 0.024690000 |
| 3rd Low | 0.024590000 |
0.030840000 – 0.031600000 – 0.032500000 – 0.030690000 – 0.029760000 – 0.024690000 — 51.929987558794 – 51.007906307079