ETH/BTC – 1H – SELLThe currency pair moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support at 0.038530000 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 0.039060000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041500000 |
| 2nd High | 0.040060000 |
| Next High | 0.039060000 |
| Current Price | 0.038500000 |
| Next Low | 0.038530000 |
| 2nd Low | 0.038510000 |
| 3rd Low | 0.038410000 |