ETH/BTC – 4H – SELLThe pair goes from the ascending trendline down.
A descent downwards to the next support line at is certain.
Caution: A possible counter-trend in the direction of resistance at 0.039870000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.0384 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 0.039870000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041500000 |
| 2nd High | 0.040060000 |
| Next High | 0.039870000 |
| Current Price | 0.037830000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |