The pair Ethereum/Bitcoin (ETH/BTC) breaks through the bearish trendline up.
An ascent up to the next resistance level at 0.039010000 is expected.
Caution: A possible trend reversal in the direction of the support line at 0.038410000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039720000 |
| 2nd High | 0.039060000 |
| Next High | 0.039010000 |
| Current Price | 0.038790000 |
| Next Low | 0.038410000 |
| 2nd Low | 0.038220000 |
| 3rd Low | 0.037670000 |
0.039010000 – 0.038860000 – 0.038900000 – 0.038410000 – 0.038430000 – 0.038220000 — 61.977882847855 – 64.005302682576