ETH/BTC – 1H – SELLCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.03871458 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of support at 0.039870000 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 | 0.040060000 |
| Next High | 0.039870000 |
| Current Price | 0.039050000 |
| Next Low | 0.038440000 |
| 2nd Low | 0.038400000 |
| 3rd Low | 0.038390000 |