The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline downwards
A continuation of the downtrend down to the next support at will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0.024310000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.
Support & Resistance | Price Range* |
---|---|
3rd High | 0.024400000 |
2nd High | 0.024330000 |
Next High | 0.024310000 |
Current Price | 0.023990000 |
Next Low | |
2nd Low | |
3rd Low |
0.024310000 – 0.024330000 – 0.024400000 – 0.023700000 – 0.023840000 – 0.023940000