ETH/BTC – 4H – SELLThe combination Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline downwards
A bearish descent downwards to the next support level at 0.034670000 will continue.
Caution: A possible counter-trend in the direction of the resistance line at could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Two Crows’ chart pattern is detected. The candles show ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.038400000 |
| Next Low | 0.034670000 |
| 2nd Low | 0.029970000 |
| 3rd Low | 0.029950000 |
0.037100000 – 0.032410000 – 0.032690000 – 0.034670000 – 0.029970000 – 0.031760000 — 63.845890980706 – 62.592884575093
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – Double top retreat up – –