The pair Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.03225 is certain.
Caution: A possible change in the direction of resistance at 0.03272 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.
And also a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair could go down.
And also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03306 |
| 2nd High | 0.03292 |
| Next High | 0.03272 |
| Current Price | 0.032630000 |
| Next Low | 0.03225 |
| 2nd Low | 0.03213 |
| 3rd Low | 0.03212 |
0.03272 – 0.03292 – 0.03306 – 0.03225 – 0.03213 – 0.03234 — 55.90162618276 – 52.987197510664 — 90.161096055405 – 74.811803673592 – 78.510831057483 – 81.657977133779