The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline downwards
A continuation of the downtrend down to the next support at 0.030380000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.030770000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 0.02997 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 0.030770000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.031740000 |
| 2nd High | 0.030970000 |
| Next High | 0.030770000 |
| Current Price | 0.030560000 |
| Next Low | 0.030380000 |
| 2nd Low | 0.029970000 |
| 3rd Low | 0.029950000 |
0.030770000 – 0.030970000 – 0.031740000 – 0.030380000 – 0.029970000 – 0.030460000 — 53.552669140471 – 51.905773129148
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Symmetrical Triangle Chart Pattern – –