The pair Ethereum/Bitcoin (ETH/BTC) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance line at 0.038250000 will persist.
Caution: A possible counter-trend in the direction of the support line at 0.036500000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.037 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 0.038250000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.041500000 |
2nd High | 0.041140000 |
Next High | 0.038250000 |
Current Price | 0.037460000 |
Next Low | 0.036500000 |
2nd Low | 0.035900000 |
3rd Low | 0.035240000 |