The combination Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 0.018630000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.019110000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.019390000 |
2nd High | 0.019170000 |
Next High | 0.019110000 |
Current Price | 0.019050000 |
Next Low | 0.018630000 |
2nd Low | 0.018590000 |
3rd Low |