The pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline down.
A continuation of the downward movement down to the next support level at 0.02875 is considered certain.
Caution: A possible change in the direction of resistance at 0.02887 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02948 |
| 2nd High | 0.02896 |
| Next High | 0.02887 |
| Current Price | 0.028780000 |
| Next Low | 0.02875 |
| 2nd Low | 0.02857 |
| 3rd Low | 0.02842 |
0.02887 – 0.02896 – 0.02882 – 0.02875 – 0.02857 – 0.02861 —
0.028820000 – 0.028820000 —
52.170719549157 – 49.767245347864 —
– —
0.02887 – 1778308200