ETH/BTC – 30M – SELLThe combination Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline down.
The bearish trend downwards to the next support at 0.039180000 is considered certain.
Caution: A possible change in the direction of the resistance line at 0.040080000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.03953884 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 0.040080000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041140000 |
| 2nd High | 0.040320000 |
| Next High | 0.040080000 |
| Current Price | 0.039780000 |
| Next Low | 0.039180000 |
| 2nd Low | 0.037880000 |
| 3rd Low | 0.037010000 |