The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 0.03209 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 0.03291 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair could go down.
Furthermore a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03306 |
| 2nd High | 0.03292 |
| Next High | 0.03291 |
| Current Price | 0.032480000 |
| Next Low | 0.03209 |
| 2nd Low | 0.03201 |
| 3rd Low | 0.0309 |
0.03291 – 0.03279 – 0.03289 – 0.03209 – 0.03217 – 0.03249 — 50.03072930378 – 47.980087916213 — 13.083410606261 – 10.427429681636 – 13.633667486173 – 12.198083631386
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Rising Wedge Chart Pattern – –