ETH/BTC – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Target of the current trend is 0.04054 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 0.041500000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.043400000 |
| 2nd High | 0.042740000 |
| Next High | 0.041500000 |
| Current Price | 0.040450000 |
| Next Low | 0.040400000 |
| 2nd Low | 0.040080000 |
| 3rd Low |