ETH/BTC – 1H – SELLThe combination Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline down.
A descending movement down to the next support at 0.029950000 will persist.
Caution: A possible counter-trend in the direction of the resistance line at 0.032690000 is also possible.
Consider stop-loss settings accordingly.
Then a ‘RSI fall below 30’ indicator signal is found. The indicator is ‘RSI fall below 30’. which is often a bearish chart signal. The currency pair could go down.
Then a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.033020000 |
| Next High | 0.032690000 |
| Current Price | 0.030120000 |
| Next Low | 0.029950000 |
| 2nd Low | 0.029760000 |
| 3rd Low | 0.024690000 |
0.032690000 – 0.032680000 – 0.033020000 – 0.030400000 – 0.031760000 – 0.031760000 — 29.31235108375 – 24.864404668308