ETH/BTC – 30M – SELLThe pair Ethereum/Bitcoin (ETH/BTC) moves from the ascending trendline downwards
A bearish trend down to the next support at 0.039910000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 0.041110000 could happen.
Consider stop-loss settings accordingly.
And also a ‘Two Crows’ candle chart pattern is found. The chart forms ‘Two Crows’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.041860000 |
| 2nd High | 0.041630000 |
| Next High | 0.041110000 |
| Current Price | 0.041030000 |
| Next Low | 0.039910000 |
| 2nd Low | 0.039620000 |
| 3rd Low | 0.039280000 |
0.041110000 – 0.040690000 – 0.040410000 – 0.039910000 – 0.039620000 – 0.039280000 — 69.298362349172 – 63.318580332976
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – Symmetrical Triangle Chart Pattern – –