Besides a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.
The combination Ethereum/Bitcoin (ETH/BTC) jumps from the ascending trendline down.
A descent downwards to the next support at will continue.
Caution: A possible trend reversal in the direction of resistance at 0.032690000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.
Besides a ‘RSI fall below 30’ indicator layout is existing. The indicator is ‘RSI fall below 30’. which is often a bearish chart signal. The currency pair could go down.
Besides a ‘Three Black Crows’ candle pattern is discovered. The chart shows ‘Three Black Crows’. which 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 chance of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.033020000 |
| Next High | 0.032690000 |
| Current Price | 0.031940000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.032690000 – 0.032680000 – 0.033020000 – 0.031760000 – 0.031760000 – 0.031850000 — 36.390065123579 – 35.217141548963
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern –