ETH/BTC – 30M – SELLThe combination goes from the bullish trendline down.
A bearish movement down to the next support line at 0.036230000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.037020000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 0.03644186 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 0.037020000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.037450000 |
| 2nd High | 0.037220000 |
| Next High | 0.037020000 |
| Current Price | 0.036570000 |
| Next Low | 0.036230000 |
| 2nd Low | |
| 3rd Low |