ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 0.02622 is certain.
Caution: A possible change in the direction of the resistance level at 0.02674 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 0.02622 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support line at 0.02674 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02696 |
| 2nd High | 0.02683 |
| Next High | 0.02674 |
| Current Price | 0.026320000 |
| Next Low | 0.02622 |
| 2nd Low | 0.02617 |
| 3rd Low | 0.02494 |
0.02674 – 0.0266 – 0.02683 – 0.02622 – 0.02641 – 0.02646 —
0.026410000 – 0.026430000 —
49.46783164056 – 53.244142732995 —
– —
0.02674 – 1781098200