The pair Ethereum/Bitcoin (ETH/BTC) breaks through the descending trendline upwards
An ascending movement up to the next resistance at 0.038900000 will persist.
Caution: A possible trend reversal in the direction of the support line at 0.038400000 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039010000 |
| 2nd High | 0.038920000 |
| Next High | 0.038900000 |
| Current Price | 0.038840000 |
| Next Low | 0.038400000 |
| 2nd Low | 0.037670000 |
| 3rd Low | 0.037500000 |
0.038900000 – 0.038750000 – 0.038920000 – 0.038400000 – 0.038500000 – 0.038520000 — 49.31304117808 – 60.766930366615