Then a ‘Triple bottom chart pattern’ chart formation is existing. The chart picture shows ‘Triple bottom chart pattern’. which is a positive pattern signal. The currency pair is likely to go up.
The pair Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline down.
The bearish trend downwards to the next support at 0.035570000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘StochRSI cross above 20’ indicator layout is existing. The indicator is ‘StochRSI cross above 20’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then a ‘Three Outside Down’ chart pattern is found. The chart forms ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.036210000 |
| Next Low | 0.035570000 |
| 2nd Low | 0.034340000 |
| 3rd Low | 0.033330000 |
0.036110000 – 0.034950000 – 0.033920000 – 0.035570000 – 0.034340000 – 0.033330000 — 52.763909873462 – 44.754260353437
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – Triple bottom chart pattern – –