Also there is a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.
The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the bullish trendline downwards
The bearish trend downwards to the next support line at 0.030040000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.031600000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘RSI fall below 30’ indicator signal is discovered. The indicator shows ‘RSI fall below 30’. this is usually a bearish chart signal. The currency pair could go down.
Also there is a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.032500000 |
| Next High | 0.031600000 |
| Current Price | 0.030180000 |
| Next Low | 0.030040000 |
| 2nd Low | 0.029760000 |
| 3rd Low | 0.024690000 |
0.031600000 – 0.032500000 – 0.032210000 – 0.030040000 – 0.030690000 – 0.029760000
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Symmetrical Triangle Chart Pattern –