The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline down.
The bearish trend downwards to the next support at 0.0309 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 0.03359 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03395 |
| 2nd High | 0.03394 |
| Next High | 0.03359 |
| Current Price | 0.031160000 |
| Next Low | 0.0309 |
| 2nd Low | 0.02997 |
| 3rd Low | 0.02995 |
0.03359 – 0.03394 – 0.03336 – 0.03187 – 0.03285 – 0.0333 —
0.032170000 – 0.031870000 —
29.813392317744 – 26.453130823097 —
– —
0.03359 – 1769706000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – – Double top chart pattern – –