ETH/BTC – 30M – SELLThe combination Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline down.
A continuation of the bearish trend down to the next support at 0.03382 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.03433 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 0.03382 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.03433 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03524 |
| 2nd High | 0.03437 |
| Next High | 0.03433 |
| Current Price | 0.034030000 |
| Next Low | 0.03382 |
| 2nd Low | 0.03376 |
| 3rd Low | 0.03353 |
0.03433 – 0.03437 – 0.03524 – 0.03442 – 0.03505 – 0.03445 — 42.890789976787 – 37.867918005505 — 29.725984533548 – 31.147467703724 – 17.897447979421 – 27.043105435191