The currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline down.
A continuation of the downtrend downwards to the next support level at 0.034070000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.035010000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.035940000 |
2nd High | 0.035920000 |
Next High | 0.035010000 |
Current Price | 0.034670000 |
Next Low | 0.034070000 |
2nd Low | 0.033370000 |
3rd Low | 0.032920000 |