ETH/BTC – 1H – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) goes from the ascending trendline downwards
A bearish movement down to the next support line at 0.031200000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 0.032220000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘RSI fall below 70’ indicator layout is found. The indicator shows ‘RSI fall below 70’. which is often a bearish signal. The currency pair could go down.
Besides a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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 | |
| 2nd High | 0.032500000 |
| Next High | 0.032220000 |
| Current Price | 0.031570000 |
| Next Low | 0.031200000 |
| 2nd Low | 0.029950000 |
| 3rd Low | 0.029760000 |
0.032220000 – 0.031610000 – 0.031600000 – 0.031200000 – 0.029950000 – 0.030690000 — 47.263648736603 – 45.256633910397
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Northern Doji – Symmetrical Triangle Chart Pattern –