ETH/BTC – 1H – SELLThe pair jumps from the descending trendline downwards
A continuation of the downward movement downwards to the next support line at 0.040320000 is expected.
Caution: A possible change in the direction of the resistance level at 0.041260000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 0.04067164 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 0.041260000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041810000 |
| 2nd High | 0.041310000 |
| Next High | 0.041260000 |
| Current Price | 0.040930000 |
| Next Low | 0.040320000 |
| 2nd Low | 0.040260000 |
| 3rd Low | 0.038390000 |