ETH/BTC – 30M – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline down.
A continuation of the downward movement down to the next support at 0.03209 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.03279 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03292 |
| 2nd High | 0.03289 |
| Next High | 0.03279 |
| Current Price | 0.032510000 |
| Next Low | 0.03209 |
| 2nd Low | 0.03201 |
| 3rd Low | 0.0309 |
0.03279 – 0.03289 – 0.03257 – 0.03209 – 0.03217 – 0.03249 — 52.309371174764 – 50.30004840875 — 67.011753879617 – 61.1805658036 – 77.16289510743 – 68.699108861654