ETH/BTC – 1H – SELLThe currency pair jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support at 0.038810000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.039360000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041500000 |
| 2nd High | 0.039870000 |
| Next High | 0.039360000 |
| Current Price | 0.039220000 |
| Next Low | 0.038810000 |
| 2nd Low | 0.038510000 |
| 3rd Low | 0.038410000 |