ETH/BTC – 30M – SELLThe pair jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support level at 0.040300000 will persist.
Caution: A possible counter-trend in the direction of resistance at 0.041500000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.0405175 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 0.041500000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041800000 |
| 2nd High | 0.041580000 |
| Next High | 0.041500000 |
| Current Price | 0.040370000 |
| Next Low | 0.040300000 |
| 2nd Low | 0.040250000 |
| 3rd Low | 0.038870000 |