ETH/BTC – 4H – SELLThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 0.03213 is expected.
Caution: A possible trend reversal in the direction of resistance at 0.03393 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘%K crosses below %D’ indicator signal is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03442 |
| 2nd High | 0.03435 |
| Next High | 0.03393 |
| Current Price | 0.033160000 |
| Next Low | 0.03213 |
| 2nd Low | 0.03212 |
| 3rd Low | 0.03201 |
0.03393 – 0.03365 – 0.03435 – 0.03213 – 0.03224 – 0.03212 — 64.229729949513 – 57.190681164012 — 98.435531417807 – 88.331926657126 – 88.373142527124 – 91.813978482287