The pair Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline downwards
A continuation of the bearish trend down to the next support at 0.036560000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 0.037630000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
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 0.03656 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 0.037630000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.038660000 |
| 2nd High | 0.037660000 |
| Next High | 0.037630000 |
| Current Price | 0.036750000 |
| Next Low | 0.036560000 |
| 2nd Low | 0.035400000 |
| 3rd Low | 0.034670000 |
0.037630000 – 0.037660000 – 0.038660000 – 0.036560000 – 0.036790000 – 0.037720000 — 41.954733475776 – 39.672843227313