The currency pair Ethereum/Bitcoin (ETH/BTC) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 0.033020000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 0.032010000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 0.03302 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 0.033020000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 0.033020000 |
| Current Price | 0.032660000 |
| Next Low | 0.032010000 |
| 2nd Low | 0.031830000 |
| 3rd Low | 0.031460000 |
0.033020000 – 0.032460000 – 0.032490000 – 0.032010000 – 0.031830000 – 0.031460000 — 53.306851919605 – 53.919314983521