ETH/BTC – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.03866276 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support line at 0.039310000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039740000 |
| 2nd High | 0.039320000 |
| Next High | 0.039310000 |
| Current Price | 0.038910000 |
| Next Low | 0.038390000 |
| 2nd Low | 0.038330000 |
| 3rd Low |