ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline downwards
The bearish trend down to the next support level at 0.023220000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 0.023560000 should always be considered.
Consider stop-loss settings accordingly.
And also a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. 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 | 0.023950000 |
| 2nd High | 0.023700000 |
| Next High | 0.023560000 |
| Current Price | 0.023370000 |
| Next Low | 0.023220000 |
| 2nd Low | 0.023050000 |
| 3rd Low | 0.022770000 |
0.023560000 – 0.023340000 – 0.023300000 – 0.023220000 – 0.023050000 – 0.023050000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Three Black Crows –