ETH/BTC – 1H – SELLThe combination Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support at 0.024820000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.025310000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.025810000 |
| 2nd High | 0.025770000 |
| Next High | 0.025310000 |
| Current Price | 0.025030000 |
| Next Low | 0.024820000 |
| 2nd Low | 0.024590000 |
| 3rd Low | 0.023270000 |
0.025310000 – 0.025250000 – 0.025770000 – 0.024820000 – 0.024930000 – 0.024590000