ETH/BTC – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.041805 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.042140000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.042740000 |
| 2nd High | 0.042450000 |
| Next High | 0.042140000 |
| Current Price | 0.041420000 |
| Next Low | 0.040870000 |
| 2nd Low | 0.040400000 |
| 3rd Low | 0.040080000 |