ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) jumps from the bullish trendline downwards
A bearish trend down to the next support level at 0.039620000 will continue.
Caution: A possible change in the direction of the resistance level at 0.040880000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Outside Down’ candlestick chart pattern is existing. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041860000 |
| 2nd High | 0.041630000 |
| Next High | 0.040880000 |
| Current Price | 0.040410000 |
| Next Low | 0.039620000 |
| 2nd Low | 0.039280000 |
| 3rd Low | 0.037670000 |
0.040410000 – 0.040290000 – 0.040880000 – 0.039620000 – 0.039280000 – 0.039600000 — 56.087622531843 – 53.241573406064
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Three Outside Down – – –