ETH/BTC – 30M – SELLThe combination Ethereum/Bitcoin (ETH/BTC) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support at 0.031000000 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 0.032220000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.032500000 |
| 2nd High | 0.032230000 |
| Next High | 0.032220000 |
| Current Price | 0.031330000 |
| Next Low | 0.031000000 |
| 2nd Low | 0.029950000 |
| 3rd Low | 0.029940000 |
0.032220000 – 0.031610000 – 0.030840000 – 0.031000000 – 0.029950000 – 0.030040000 — 38.830217398931 – 38.1759708507
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Double bottom chart pattern –