ETH/BTC – 30M – SELLCorrection of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 0.03758 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of support at 0.039540000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.040040000 |
| 2nd High | 0.040030000 |
| Next High | 0.039540000 |
| Current Price | 0.037800000 |
| Next Low | 0.037580000 |
| 2nd Low | 0.037000000 |
| 3rd Low | 0.036990000 |
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows