The combination Ethereum/Bitcoin (ETH/BTC) goes from the descending trendline down.
A continuation of the downward movement down to the next support level at is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.03246 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03328 |
| 2nd High | 0.03311 |
| Next High | 0.03246 |
| Current Price | 0.032770000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.03246 – 0.03311 – 0.03293 – 0.03218 – 0.03217 – 0.03263 — 65.183193529841 – 63.589762748294 — 80.169222269504 – 75.848023764847 – 83.060658128104 – 79.863044085623