ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at 0.02895 will persist.
Caution: A possible change in the direction of the resistance zone at 0.029300000 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.
Furthermore a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 0.02890696 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 0.029300000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02942 |
| 2nd High | 0.02941 |
| Next High | 0.029300000 |
| Current Price | 0.029030000 |
| Next Low | 0.02895 |
| 2nd Low | 0.02877 |
| 3rd Low | 0.02872 |
0.029300000 – 0.02926 – 0.02941 – 0.02911 – 0.02913 – 0.02895 —
0.029300000 – 0.029130000 —
64.407250399596 – 42.931562396559 —
0.029300000 – 1772929800 —
– 1772929800