ETH/BTC – 30M – BUYThe currency pair moves from the bullish trendline down.
A bearish movement downwards to the next support at 0.040850000 will persist.
Caution: A possible change in the direction of resistance at 0.041310000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 0.041125 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 0.041310000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041800000 |
| 2nd High | 0.041580000 |
| Next High | 0.041310000 |
| Current Price | 0.040950000 |
| Next Low | 0.040850000 |
| 2nd Low | 0.040440000 |
| 3rd Low | 0.040260000 |