ETH/BTC – 1H – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline downwards
A continuation of the bearish trend down to the next support at is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 0.03292 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.
Moreover a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03393 |
| 2nd High | 0.03306 |
| Next High | 0.03292 |
| Current Price | 0.032490000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03292 – 0.03306 – 0.03393 – 0.032250000 – 0.03213 – 0.03234 — 49.24955518139 – 45.980199878975 — 63.587119378558 – 62.160842586527 – 62.353917433096 – 63.574240554528