ETH/BTC – 30M – SELLAnd also a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.
The currency pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline downwards
A bearish movement downwards to the next support level at 0.031200000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 0.032130000 should be noted.
Consider stop-loss settings accordingly.
And also a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.032230000 |
| 2nd High | 0.032220000 |
| Next High | 0.032130000 |
| Current Price | 0.031710000 |
| Next Low | 0.031200000 |
| 2nd Low | 0.031000000 |
| 3rd Low | 0.029950000 |
0.032130000 – 0.031980000 – 0.032220000 – 0.031200000 – 0.031000000 – 0.029950000 — 44.609242489655 – 42.494657312304
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Rising Wedge Chart Pattern –