The combination Ethereum/Bitcoin (ETH/BTC) jumps from the descending trendline upwards
A bullish trend up to the next resistance level at 0.0306 will persist.
Caution: A possible counter-trend in the direction of the support level at 0.02871 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will persist. Current target is 0.02982922 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of resistance at 0.0306 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.03394 |
| 2nd High | 0.03359 |
| Next High | 0.0306 |
| Current Price | 0.029600000 |
| Next Low | 0.02871 |
| 2nd Low | 0.02469 |
| 3rd Low | 0.02327 |
0.0306 – 0.03023 – 0.03359 – 0.02871 – 0.02875 – 0.02966 —
0.029710000 – 0.029330000 —
50.014661650272 – 44.240002158247 —
– —
0.0306 – 1770148800