The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline down.
A continuation of the downtrend down to the next support at 0.03399 is certain.
Caution: A possible change in the direction of resistance at 0.03433 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03524 |
| 2nd High | 0.03437 |
| Next High | 0.03433 |
| Current Price | 0.034050000 |
| Next Low | 0.03399 |
| 2nd Low | 0.03382 |
| 3rd Low | 0.03376 |
0.03433 – 0.03437 – 0.03524 – 0.03399 – 0.03442 – 0.03505 — 44.802633273241 – 43.598939051483 — 91.404591378923 – 81.988560367294 – 84.603501511343 – 84.763002697288