ETH/BTC – 30M – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline downwards
A bearish movement down to the next support level at 0.028440000 is certain.
Caution: A possible counter-trend in the direction of resistance at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.029910000 |
| Next Low | 0.028440000 |
| 2nd Low | 0.028130000 |
| 3rd Low | 0.026460000 |
0.029370000 – 0.028720000 – 0.026840000 – 0.028440000 – 0.028130000 – 0.026460000
Trading Signals: FOREX – ETH – ETH/BTC – BTC – Three Black Crows – Triple bottom chart pattern