The combination Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 0.03281 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.03309 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03379 |
| 2nd High | 0.03356 |
| Next High | 0.03309 |
| Current Price | 0.033120000 |
| Next Low | 0.03281 |
| 2nd Low | 0.03209 |
| 3rd Low | 0.03201 |
0.03309 – 0.03356 – 0.03327 – 0.03281 – 0.03286 – 0.0333 — 58.782106336627 – 53.922219210515 — 94.811162363254 – 81.079122704699 – 89.298278996192 – 88.791202493503