ETH/BTC – 30M – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support level at 0.018700000 is certain.
Caution: A possible counter-trend in the direction of resistance at 0.019920000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 0.0187 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support line at 0.019920000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.021720000 |
| 2nd High | 0.020290000 |
| Next High | 0.019920000 |
| Current Price | 0.018960000 |
| Next Low | 0.018700000 |
| 2nd Low | 0.018590000 |
| 3rd Low |