The currency pair Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline down.
A continuation of the downtrend down to the next support line at 0.03213 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 0.0329 could be enabled.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair is likely to fall.
Then a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03314 |
| 2nd High | 0.03306 |
| Next High | 0.0329 |
| Current Price | 0.032680000 |
| Next Low | 0.03213 |
| 2nd Low | 0.03212 |
| 3rd Low | 0.03201 |
0.0329 – 0.03306 – 0.03305 – 0.03213 – 0.03234 – 0.03267 — 51.213578318511 – 49.625120427463 — 68.682022711845 – 64.941461653515 – 75.401535946802 – 70.794925643214