And also a ‘Double top chart pattern’ chart layout is existing. The chart shows ‘Double top chart pattern’. which is a negative chart scenario. The currency pair is likely to fall.
The pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline downwards
A bearish movement downwards to the next support line at 0.029940000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.031600000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘RSI fall below 30’ indicator layout is existing. The indicator shows ‘RSI fall below 30’. which is often a bearish chart signal. The pair is likely to go down.
And also a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.032500000 |
| 2nd High | 0.032230000 |
| Next High | 0.031600000 |
| Current Price | 0.030570000 |
| Next Low | 0.029940000 |
| 2nd Low | 0.029760000 |
| 3rd Low | 0.028440000 |
0.031600000 – 0.031450000 – 0.032230000 – 0.030690000 – 0.030690000 – 0.031790000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Double top chart pattern –