ETH/BTC – 30M – BUYThe combination goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 0.039170000 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 0.038900000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 0.03917828 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 0.039170000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.040470000 |
| 2nd High | 0.039360000 |
| Next High | 0.039170000 |
| Current Price | 0.039120000 |
| Next Low | 0.038900000 |
| 2nd Low | 0.038690000 |
| 3rd Low | 0.038590000 |