ETH/BTC – 30M – SELLThe currency pair Ethereum/Bitcoin (ETH/BTC) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 0.032390000 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The pair is likely to go down.
Besides a ‘Two Crows’ candlestick pattern is detected. The chart forms ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.033020000 |
| 2nd High | 0.032680000 |
| Next High | 0.032390000 |
| Current Price | 0.031970000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.032390000 – 0.032680000 – 0.033020000 – 0.031850000 – 0.031760000 – 0.031850000 — 46.107960222367 – 41.193697205526
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – –