The pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 0.038510000 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.038930000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.039370000 |
| 2nd High | 0.039040000 |
| Next High | 0.038930000 |
| Current Price | 0.038580000 |
| Next Low | 0.038510000 |
| 2nd Low | 0.038420000 |
| 3rd Low | 0.038210000 |
0.038930000 – 0.038840000 – 0.038770000 – 0.038510000 – 0.038610000 – 0.038510000 — 35.129889805127 – 33.765243370559
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Double top chart pattern – –