ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 0.030460000 is certain.
Caution: A possible change in the direction of the resistance line at 0.031740000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Tweezers Top’ candlestick chart pattern is discovered. The chart shows ‘Tweezers Top’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.033020000 |
| 2nd High | 0.032690000 |
| Next High | 0.031740000 |
| Current Price | 0.030830000 |
| Next Low | 0.030460000 |
| 2nd Low | 0.030400000 |
| 3rd Low | 0.029950000 |
0.031740000 – 0.032690000 – 0.032410000 – 0.030460000 – 0.030400000 – 0.031410000 — 53.470048629779 – 47.183596043145
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Tweezers Top – –