The pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support line at 0.02867 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 0.02888 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.
Then a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 0.028765 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 0.02888 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.02948 |
| 2nd High | 0.02896 |
| Next High | 0.02888 |
| Current Price | 0.028810000 |
| Next Low | 0.02867 |
| 2nd Low | 0.02857 |
| 3rd Low | 0.02842 |
0.02888 – 0.02887 – 0.02896 – 0.02867 – 0.02875 – 0.02857 —
0.028830000 – 0.028870000 —
55.553959552483 – 54.958861087205 —
– —
0.02888 – 1778346000