ETH/BTC – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 0.03853 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 0.040060000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041810000 |
| 2nd High | 0.041500000 |
| Next High | 0.040060000 |
| Current Price | 0.038620000 |
| Next Low | 0.038530000 |
| 2nd Low | 0.038510000 |
| 3rd Low | 0.038410000 |