ETH/BTC – 4H – SELLThe combination Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline downwards
A descending movement down to the next support line at 0.034670000 is considered certain.
Caution: A possible change in the direction of the resistance zone at could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 0.037450000 |
| Next Low | 0.034670000 |
| 2nd Low | 0.029970000 |
| 3rd Low | 0.029950000 |
0.037100000 – 0.032410000 – 0.032690000 – 0.034670000 – 0.029970000 – 0.031760000 — 50.206454562177 – 46.655724464923
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Black Crows – Rising Wedge Chart Pattern – –