ETH/BTC – 30M – SELLThe combination Ethereum/Bitcoin (ETH/BTC) goes from the bullish trendline down.
A descent downwards to the next support line at 0.039910000 is certain.
Caution: A possible trend reversal in the direction of the resistance line at 0.041630000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Two Crows’ candle pattern is discovered. The chart shows ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to go down. 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 | 0.043270000 |
| 2nd High | 0.041860000 |
| Next High | 0.041630000 |
| Current Price | 0.041050000 |
| Next Low | 0.039910000 |
| 2nd Low | 0.039620000 |
| 3rd Low | 0.039280000 |
0.041110000 – 0.040690000 – 0.040410000 – 0.039910000 – 0.039620000 – 0.039280000 — 53.93117758213 – 50.292437685493
Trading Signals: CRYPTO – ETH – ETH/BTC – BTC – Two Crows – – –