The pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 0.038580000 will continue.
Caution: A possible change in the direction of the resistance line at 0.038930000 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039720000 |
| 2nd High | 0.039060000 |
| Next High | 0.038930000 |
| Current Price | 0.038660000 |
| Next Low | 0.038580000 |
| 2nd Low | 0.038510000 |
| 3rd Low | 0.037670000 |
0.038930000 – 0.039060000 – 0.039720000 – 0.038580000 – 0.038810000 – 0.039430000 — 42.887720149333 – 40.046512112279
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Double top chart pattern – –