The combination Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline up.
An ascending movement up to the next resistance at 0.03029 will persist.
Caution: A possible trend reversal in the direction of support at 0.02855 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart signal. The pair is likely to go down.
Then a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.02970346 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 0.03029 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.0306 |
| 2nd High | 0.03031 |
| Next High | 0.03029 |
| Current Price | 0.028620000 |
| Next Low | 0.02855 |
| 2nd Low | 0.02469 |
| 3rd Low | 0.02305 |
0.03029 – 0.03031 – 0.0306 – 0.02877 – 0.02855 – 0.0323 —
0.029420000 – 0.029780000 —
51.581186234945 – 58.342694363904 —
– —
0.03029 – 1770652800