The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline downwards
A bearish descent down to the next support at 0.03209 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 0.03279 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03292 |
| 2nd High | 0.03289 |
| Next High | 0.03279 |
| Current Price | 0.032610000 |
| Next Low | 0.03209 |
| 2nd Low | 0.03201 |
| 3rd Low | 0.0309 |
0.03279 – 0.03289 – 0.03257 – 0.03209 – 0.03217 – 0.03249 — 62.60149416007 – 54.836262825162 — 90.028220258461 – 86.591957261212 – 84.551652506185 – 86.14451538324
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Double bottom retreat down – –