ETH/BTC – 30M – BUYThe currency pair jumps from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 0.039650000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 0.039110000 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 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 0.03945884 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 0.039650000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039870000 |
| 2nd High | 0.039850000 |
| Next High | 0.039650000 |
| Current Price | 0.039400000 |
| Next Low | 0.039110000 |
| 2nd Low | 0.039090000 |
| 3rd Low | 0.038880000 |